SEC Form 4 · accession 0000914190-18-000534
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Ross
Officer — Sr. VP & CFO
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 | 2,510 | $0.00 | A | 7,376 | 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)F7 | $48.80 | Dec 5, 2018 | A | 9,707 | A | — | Dec 5, 2025 | Common Stock | 9,707 | 9,707 | D |
| Stock Option (right to buy)F2 | $71.52 | holding | — | — | — | — | Jan 15, 2022 | Common Stock | 1,898 | 1,898 | D |
| Stock Option (right to buy)F3 | $61.74 | holding | — | — | — | — | Dec 9, 2022 | Common Stock | 4,425 | 4,425 | D |
| Stock Option (right to buy)F4 | $46.25 | holding | — | — | — | — | Apr 17, 2024 | Common Stock | 4,673 | 4,673 | D |
| Stock Option (right to buy)F5 | $52.65 | holding | — | — | — | — | May 15, 2024 | Common Stock | 4,367 | 4,367 | D |
| Stock Option (right to buy)F6 | $52.30 | holding | — | — | — | — | Apr 17, 2025 | Common Stock | 5,600 | 5,600 | D |
Explanation of responses
- F1Includes (i) 243 restricted stock units that vest on 12/9/18; (ii) 145 restricted stock units that vest on 7/15/19; (iii) 648 restricted stock units that vest as to 324 shares on each of 4/17/19 and 4/17/20; (iv) 532 restricted stock units that vest as to 266 shares on each of 5/15/19 and 5/15/20; (v) 917 restricted stock units that vest as to 306 shares on each of 12/15/18 and 12/15/19 and as to 305 shares on 12/15/20; (vi) 1,195 restricted stock units that vest as to 399 shares on 4/17/19 and 398 shares on each of 4/17/20 and 4/17/21; and (vii) 2,510 restricted stock units that vest as to 837 shares on each of 12/5/19 and 12/5/20 and as to 837 shares on 12/5/21.
- F2Fully exercisable.
- F3Options to purchase 1,475 shares vest on each of 12/9/16, 12/9/17 and 12/9/18.
- F4Options to purchase 1,557 shares vest on 4/17/18 and options to purchase 1,558 shares vest on each of 4/17/19 and 4/17/20.
- F5Options to purchase 1,456 shares vest on each of 5/15/18 and 5/15/19 and options to purchase 1,455 shares vest on 5/15/20.
- F6Options to purchase 1,867 shares vest on each of 4/17/19 and 4/17/20 and options to purchase 1,866 shares vest on 4/17/21.
- F7Options to purchase 3,236 shares vest on each of 12/5/19 and 12/5/20 and options to purchase 3,235 shares vest on 12/5/21.