SEC Form 4 · accession 0001179110-16-031677
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
William E Bachrach
Officer — President-Test
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 3:12 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 | 150 | — | A | 3,693 | D | |
| Common Stock | Nov 15, 2016 | F | 51 | $52.75 | D | 3,642 | 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, 2016 | M | 150 | A | — | — | Common Stock | 150 | 150 | D |
Explanation of responses
- F1Each Restricted Stock Unit was the economic equivalent 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 275.3359 shares acquired on June 30, 2016 pursuant to the Employee Stock Purchase Plan and also includes 72.21383 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.