SEC Form 4 · accession 0001562180-16-003061
MINERALS TECHNOLOGIES INC · MTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan J Hastings
Officer — Senior Vice President
Period of report
Aug 30, 2016
Accepted (ET)
Aug 31, 2016 · 3:36 pm EDT
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 | Aug 30, 2016 | M | 5,240 | $26.2575 | A | 18,565 | D | |
| Common StockF1,F2 | Aug 30, 2016 | S | 3,717 | $71.05 | D | 14,848 | D | |
| Common Stock | Aug 31, 2016 | M | 5,190 | $32.03 | A | 20,038 | D | |
| Common StockF1,F3 | Aug 31, 2016 | S | 3,889 | $70.65 | D | 16,149 | D | |
| Common StockF4 | holding | — | — | — | 1,230 | 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)F5 | $26.2575 | Aug 30, 2016 | M | 5,240 | D | — | Sep 21, 2021 | Common Stock | 5,240 | 51,815 | D |
| Employee Stock Option (Right to Buy)F6 | $32.03 | Aug 31, 2016 | M | 5,190 | D | — | Jan 25, 2022 | Common Stock | 5,190 | 46,625 | D |
Explanation of responses
- F1Reflects shares sold to pay withholding taxes and costs of options; balance of shares retained by the officer.
- F2Weighted average price representing high of $71.15 and low of $70.95.
- F3Weighted average price representing high of $70.79 and low of $70.50.
- F4The information contained in this report is based on a Plan Statement dated as of August 30, 2016.
- F5The option vested in three equal annual installment beginning on September 21, 2012.
- F6The option vested in three equal annual installment beginning on January 25, 2013.