SEC Form 4/A · accession 0001179110-17-011508
MTS SYSTEMS CORP · MTSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 11, 2017 | P | 1,000 | $48.314 | A | 27,924 | D |
Table II — derivative securities
Explanation of responses
- F1Includes 229.9579 shares acquired on June 30, 2017 pursuant to the Employee Stock Purchase Plan.
Remarks
This amendment to Form 4 is being filed to add the following note: The transaction reported herein resulted in a short swing profit, as the reporting person's sale of 156 shares of common stock on June 13, 2017 at a price of $54.50 per share and 844 shares of common stock on June 12, 2017 at a price of $54.40 per share are matchable with the purchase reported in this Form 4 under Section 16(b) of the Securities Exchange Act of 1934, as amended. The shares were sold by the reporting person to cover tax withholding obligations in connection with the exercise of an award of stock options scheduled to expire prior to the transaction date. Both the issuer and the reporting person are aware of such profit and the reporting person has made arrangements with the issuer to disgorge such profit promptly.