SEC Form 4 · accession 0001179110-17-006094
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
Apr 17, 2017
Accepted (ET)
Apr 19, 2017 · 11:25 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000068709
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option - Right to BuyF1 | $46.25 | Apr 17, 2017 | A | 38,941 | A | — | Apr 17, 2024 | Common Stock | 38,941 | 38,941 | D |
| Employee Restricted Stock UnitF2,F3 | — | Apr 17, 2017 | A | 8,108 | A | — | — | Common Stock | 8,108 | 8,108 | D |
Explanation of responses
- F1The Stock Options vest in three equal annual installments beginning on April 17, 2018.
- F2Each Restricted 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 April 17, 2018 and will be settled in an equal number of shares on each vesting date.