SEC Form 4 · accession 0001179110-17-002861
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey P. Oldenkamp
Officer — SVP, CFO
Period of report
Feb 15, 2017
Accepted (ET)
Feb 22, 2017 · 10:28 am 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 | Feb 15, 2017 | M | 192 | — | A | 1,270 | D | |
| Common Stock | Feb 15, 2017 | F | 75 | $55.30 | D | 1,195 | 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 | — | Feb 15, 2017 | M | 192 | A | — | — | Common Stock | 192 | 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 Unites were settled for an equal number of shares of the issuer's common stock.
- F2Each Stock Unit represents the contingent right to receive one share of common stock.
- F3The restricted Stock Units vest in three equal annual installments beginning on February 15, 2015.