SEC Form 4 · accession 0001562180-16-001361
MINERALS TECHNOLOGIES INC · MTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Cipolla
Officer — VICE PRESIDENT
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 3:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891014
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Restricted Stock Units (DRSUs)F1,F2 | — | Jan 19, 2016 | A | 4,284 | A | — | — | Common Stock | 4,284 | 11,312 | D |
| Employee Stock Option (Right to Buy)F3 | $38.285 | Jan 19, 2016 | A | 7,402 | A | — | Jan 19, 2026 | Common Stock | 7,402 | 58,920 | D |
Explanation of responses
- F1Each DRSU is the economic equivalent of one share of Mineral Technologies Inc. Common Stock.
- F2DRSUs were granted on January 19, 2016 and vest in three equal annual installments beginning on January 19, 2017.
- F3The options were granted on January 19, 2016 and vest in three equal annual installments beginning on January 19, 2017.