SEC Form 4 · accession 0001179110-15-010880
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Losee
Officer — Sr. VP & Chief Info Officer
Period of report
Jul 2, 2015
Accepted (ET)
Jul 6, 2015 · 11:18 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 | Jul 2, 2015 | M | 250 | — | A | 899 | D | |
| Common Stock | Jul 2, 2015 | F | 82 | $69.14 | D | 817 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Retricted Stock UnitF2,F3 | — | Jul 2, 2015 | M | 250 | A | — | — | Common Stock | 250 | 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 originally granted on July 2, 2012 vest in three equal annual installments beginning July 2, 2013.