SEC Form 4 · accession 0001179110-17-010395
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Ross
Officer — Chief Financial Officer
Period of report
Jul 15, 2017
Accepted (ET)
Jul 17, 2017 · 3:35 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 StockF1 | Jul 15, 2017 | M | 146 | $0.00 | A | 482 | D | |
| Common StockF2 | Jul 15, 2017 | F | 48 | $52.95 | D | 434 | 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 | — | Jul 15, 2017 | M | 146 | D | Jul 15, 2017 | — | Common Stock | 146 | 290 | D |
Explanation of responses
- F1Shares acquired on vesting of restricted stock units ("RSUs").
- F2Shares withheld for payment of tax liability.
- F3Each RSU represents the right to receive, following vesting, one share of MTS common stock.
- F4The RSUs vest in three equal annual installments commencing on July 15, 2017.