SEC Form 4 · accession 0001179110-16-031676
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine Lillian Powell
Officer — SVP, General Counsel & CCO
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 3:11 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, 2016 | M | 402 | — | A | 790 | D | |
| Common Stock | Nov 15, 2016 | F | 136 | $52.75 | D | 654 | 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 | — | Nov 15, 2016 | M | 402 | A | — | — | Common Stock | 402 | 803 | D |
Explanation of responses
- F1Each Restricted Stock Unit was the economic equivalent of one share of the issuers common stock. The Restricted Stock Units settled for an equal number of shares of the issuers common stock.
- F2Includes 23.6523 shares acquired on December 30, 2015 and 40.2517 acquired on June 30, 2016 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 vest in three equal installments beginning on November 15, 2016.