4//SEC Filing
Hore David 4
Accession 0000914190-19-000482
CIK 0000068709other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:25 PM ET
Size
15.4 KB
Accession
0000914190-19-000482
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Hore David
President, Sensors
Transactions
- Award
Common Stock
2019-12-04+2,686→ 43,223.35 total - Award
Common Stock
2019-12-15+1,668→ 44,891.35 total - Tax Payment
Common Stock
2019-12-15$46.69/sh−567$26,473→ 44,324.35 total - Award
Stock Option (right to buy)
2019-12-04+11,302→ 11,302 totalExercise: $46.55Exp: 2026-12-04→ Common Stock (11,302 underlying)
Holdings
- 5,448
Stock Option (right to buy)
Exercise: $48.80Exp: 2025-12-05→ Common Stock (5,448 underlying) - 7,139
Stock Option (right to buy)
Exercise: $46.25Exp: 2024-04-17→ Common Stock (7,139 underlying) - 5,040
Stock Option (right to buy)
Exercise: $52.30Exp: 2025-04-17→ Common Stock (5,040 underlying)
Footnotes (7)
- [F1]Includes (i) 495 restricted stock units that vest on 4/17/20; (ii) 1,366 restricted stock units that vest as to 683 shares on each of 2/15/20 and 2/15/21; (iii) 717 restricted stock units that vest as to 359 shares on 4/17/20 and as to 358 shares on 4/17/21; (iv) 939 restricted stock units that vest as to 470 shares on 12/5/20 and as to 469 shares on 12/5/21; and (v) 2,686 restricted stock units that vest as to 896 shares on 12/4/20 and as to 895 shares on each of 12/4/21 and 12/4/22.
- [F2]Shares acquired upon vesting of performance restricted stock units ("PRSUs"). Each PRSU represented the right to receive, following vesting, one share of MTS common stock. The resulting number of shares of MTS common stock acquired upon vesting of the PRSUs was contingent upon the achievement of pre-established performance metrics, as approved by MTS's Compensation and Leadership Development Committee, over a three-year performance period ending with fiscal year 2019.
- [F3]Represents shares withheld for payment of tax liability.
- [F4]Options to purchase 2,379 shares vest on 4/17/20.
- [F5]Options to purchase 1,680 shares vest on 4/17/20 and 4/17/21.
- [F6]Options to purchase 1,816 shares vest on each of 12/5/20 and 12/5/21.
- [F7]Options to purchase 3,768 shares vest on 12/4/20 and options to purchase 3,767 shares vest on each of 12/4/21 and 12/4/22.
Documents
Issuer
MTS SYSTEMS CORP
CIK 0000068709
Entity typeother
Related Parties
1- filerCIK 0001679271
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:25 PM ET
- Size
- 15.4 KB