SEC Form 4 · accession 0001562180-18-000346
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 17, 2018
Accepted (ET)
Jan 18, 2018 · 5:35 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 | Jan 17, 2018 | M | 745 | $0.00 | A | 23,856 | D | |
| Common StockF1 | Jan 17, 2018 | F | 405 | $75.45 | D | 23,451 | D | |
| Common StockF2 | holding | — | — | — | 8,079 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Restricted Stock Units (DRSUs)F3,F4 | — | Jan 17, 2018 | M | 745 | D | — | — | Common Stock | 745 | 5,763 | D |
Explanation of responses
- F1These shares were withheld by Minerals Technologies Inc. to satisfy tax withholding obligations.
- F2The information contained in this report is based on a Plan Statement dated as of January 17, 2018.
- F3Each DRSU is the economic equivalent of one share of Mineral Technologies Inc. Common Stock.
- F4The DRSUs were granted on January 17, 2017 and vest in three equal annual installments beginning on January 17, 2018.