SEC Form 4 · accession 0001179110-15-010878
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven G Mahon
Officer — SVP, GC and CCO
Period of report
Jul 2, 2015
Accepted (ET)
Jul 6, 2015 · 11:17 am 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,F2 | Jul 2, 2015 | M | 1,113 | — | A | 5,750 | D | |
| Common Stock | Jul 2, 2015 | F | 371 | $69.14 | D | 5,379 | 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 UnitF3,F4 | — | Jul 2, 2015 | M | 1,113 | A | — | — | Common Stock | 1,113 | 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.
- F2Includes 156.6949 shares acquired on December 31, 2014 and 135.8476 acquired on June 30, 2015 pursuant to the Employee Stock Purchase Plan.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- F4The Restricted Stock Units originally granted on July 2, 2012 vest in three equal annual installments beginning July 2, 2013.