SEC Form 4 · accession 0001179110-17-009065
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
Jun 13, 2017
Accepted (ET)
Jun 14, 2017 · 3:31 pm EDT
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 Stock | Jun 13, 2017 | M | 27,163 | $39.38 | A | 50,514 | D | |
| Common StockF1 | Jun 13, 2017 | S | 23,820 | $54.098 | D | 26,694 | D |
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 buy)F2 | $39.38 | Jun 13, 2017 | M | 27,163 | D | — | Jul 2, 2017 | Common Stock | 27,163 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 23,820 shares of common stock of MTS Systems Corporation sold by the reporting person in multiple transactions on June 13, 2017 with sale prices ranging from $54.05 to $54.50 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of issuer, full information regarding the number of shares sold at each separate price.
- F2Fully vested.