SEC Form 4 · accession 0001179110-15-002363
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David D Johnson
Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 3:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000068709
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2,F3 | — | Feb 10, 2015 | A | 1,342 | A | — | — | Common Stock | 1,342 | 1,342 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- F2This award of Restricted Stock Units vests on the actual date of the next annual meeting of shareholders of the issuer and vests pro-rata if the director ceases to be a director for any reason other than death or disability. The shares vests immediately upon the death or disability of the director.
- F3Mr. Johnson defers 100% of the Restricted Stock Unit grant.