SEC Form 4 · accession 0001562180-16-001606
MINERALS TECHNOLOGIES INC · MTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johannes C Schut
Officer — Vice President
Period of report
Feb 10, 2016
Accepted (ET)
Feb 11, 2016 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891014
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 10, 2016 | M | 9,090 | $0.00 | A | 24,135 | D | |
| Common StodckF1 | Feb 10, 2016 | S | 6,186 | $44.59 | D | 17,949 | D | |
| Common StockF2 | Feb 10, 2016 | S | 2,904 | $44.86 | D | 15,045 | D | |
| Common StockF3 | holding | — | — | — | 361 | I | by 401(K) |
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)F4 | $41.29 | Feb 10, 2016 | M | 6,186 | D | — | Jan 22, 2023 | Common Stock | 6,186 | 9,652 | D |
| Employee Stock Option (Right to Buy)F6,F5 | $32.03 | Feb 10, 2016 | M | 2,904 | D | — | Jan 25, 2022 | Common Stock | 2,904 | 6,748 | D |
Explanation of responses
- F1Weighted average price representing high of $44.69 and low of $44.50.
- F2Weighted average price representing high of $44.90 and low of $44.85
- F3The information contained in this report is based on a Plan statement dated as of January 20, 2016.
- F4The options vested in three equal annual installments beginning on January 22, 2014.
- F5The options vested in three equal annual installments beginning on January 25, 2013.
- F6Balance reflects 1/31/16 cancellation of 4,252 1/20/15 NQ granted options and 2,311 1/22/2014 NQ granted options due to termination of reporting person.