SEC Form 4 · accession 0000914190-18-000532
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Klemmensen
Officer — Sr. VP, Gen. Counsel and Sec.
Period of report
Dec 5, 2018
Accepted (ET)
Dec 7, 2018 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000068709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 5, 2018 | A | 1,537 | $0.00 | A | 6,180 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F6 | $48.80 | Dec 5, 2018 | A | 5,943 | A | — | Dec 5, 2025 | Common Stock | 5,943 | 5,943 | D |
| Stock Option (right to buy)F2 | $64.90 | holding | — | — | — | — | Dec 4, 2020 | Common Stock | 2,673 | 2,673 | D |
| Stock Option (right to buy)F2 | $66.98 | holding | — | — | — | — | Dec 3, 2021 | Common Stock | 1,072 | 1,072 | D |
| Stock Option (right to buy)F3 | $61.74 | holding | — | — | — | — | Dec 9, 2022 | Common Stock | 2,601 | 2,601 | D |
| Stock Option (right to buy)F4 | $46.25 | holding | — | — | — | — | Apr 17, 2024 | Common Stock | 3,167 | 3,167 | D |
| Stock Option (right to buy)F5 | $52.30 | holding | — | — | — | — | Apr 17, 2025 | Common Stock | 3,244 | 3,244 | D |
Explanation of responses
- F1Includes (i) 142 restricted stock units that vest on 12/9/18; (ii) 439 restricted stock units that vest as to 220 shares on 4/17/19 and as to 219 shares on 4/17/20; (iii) 276 restricted stock units that vest as to 138 shares on each of 8/15/19 and 8/15/20; (iv) 692 restricted stock units that vest as to 231 shares on each of 4/17/19 and 4/17/20 and as to 230 shares on 4/17/21; (v) 1,820 restricted stock units that vest as to 607 shares on each of 9/15/19 and 9/15/20 and as to 606 shares on 9/15/21; and (vi) 1,537 restricted stock units that vest as to 513 shares on 12/5/19 and as to 512 shares on each of 12/5/20 and 12/5/21.
- F2Fully vested.
- F3Options to purchase 867 shares vest on 12/9/18.
- F4Options to purchase 1,056 shares vest on 4/17/19 and options to purchase 1,055 shares vest on 4/17/20.
- F5Options to purchase 1,082 shares vest on 4/17/19 and options to purchase 1,081 shares vest on each of 4/17/20 and 4/17/21.
- F6Options to purchase 1,981 shares vest on each of 12/5/19, 12/5/20 and 12/5/21.