SEC Form 4 · accession 0001179110-15-009893
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Graves
Officer — President and CEO · Director
Period of report
Jun 15, 2015
Accepted (ET)
Jun 16, 2015 · 4:13 pm EDT
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 | Jun 15, 2015 | M | 2,733 | — | A | 12,926 | D | |
| Common Stock | Jun 15, 2015 | F | 919 | $71.45 | D | 12,007 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Restricted Stock UnitF2,F3 | — | Jun 15, 2015 | M | 2,733 | A | — | — | Common Stock | 2,733 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit was the economic equivalent of one share of the issuer's common stock. The Restricted Stock Units were settled for an equal number of shares of the issuer's common stock.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- F3The Restricted Stock Units vested in three equal installments beginning on June 15, 2013.