SEC Form 4 · accession 0001179110-15-015966
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
Dec 4, 2015
Accepted (ET)
Dec 8, 2015 · 12:17 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 | Dec 4, 2015 | M | 3,487 | — | A | 19,568 | D | |
| Common Stock | Dec 4, 2015 | F | 1,172 | $60.43 | D | 18,396 | 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 | — | Dec 4, 2015 | M | 3,487 | D | — | — | Common Stock | 3,487 | 3,487 | 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 an equal number of shares for the issuers common stock.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- F3The Restricted Stock Units vest in three equal annual installments beginning on December 4, 2014.