SEC Form 4 · accession 0001179110-15-014991
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Bachrach
Officer — SVP Test Division
Period of report
Nov 15, 2015
Accepted (ET)
Nov 17, 2015 · 4:02 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,F2 | Nov 15, 2015 | M | 150 | — | A | 1,891 | D | |
| Common Stock | Nov 15, 2015 | F | 49 | $62.26 | D | 1,842 | 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 UnitsF3,F4 | — | Nov 15, 2015 | M | 150 | A | — | — | Common Stock | 150 | 300 | D |
Explanation of responses
- F1Each Restricted Stock Unit was the economic equivalent of one share of the issuers common stock. The Restricted Stock Units were settled for equal number of shares of the issuers common stock.
- F2Includes 104.7379 shares acquired on June 30, 2015 pursuant to the Employee Stock Purchase Plan and also includes 15.88617 shares acquired through dividend reinvestment.
- F3Each Restricted Stock Unit represents the contingent right to receive one share of common stock.
- F4The Restricted Stock Units vest in three equal installments beginning on November 15, 2015.