4//SEC Filing
Ross Brian T 4
Accession 0000914190-19-000483
CIK 0000068709other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:25 PM ET
Size
19.6 KB
Accession
0000914190-19-000483
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Ross Brian T
Chief Financial Officer
Transactions
- Award
Common Stock
2019-12-04+3,223→ 9,998.897 total - Tax Payment
Common Stock
2019-12-15$46.69/sh−369$17,229→ 10,525.897 total - Award
Stock Option (right to buy)
2019-12-04+13,562→ 13,562 totalExercise: $46.55Exp: 2026-12-04→ Common Stock (13,562 underlying) - Award
Common Stock
2019-12-15+896→ 10,894.897 total
Holdings
- 5,600
Stock Option (right to buy)
Exercise: $52.30Exp: 2025-04-17→ Common Stock (5,600 underlying) - 9,707
Stock Option (right to buy)
Exercise: $48.80Exp: 2025-12-05→ Common Stock (9,707 underlying) - 4,673
Stock Option (right to buy)
Exercise: $46.25Exp: 2024-04-17→ Common Stock (4,673 underlying) - 4,367
Stock Option (right to buy)
Exercise: $52.65Exp: 2024-05-15→ Common Stock (4,367 underlying) - 1,898
Stock Option (right to buy)
Exercise: $71.52Exp: 2022-01-15→ Common Stock (1,898 underlying) - 4,425
Stock Option (right to buy)
Exercise: $61.74Exp: 2022-12-09→ Common Stock (4,425 underlying)
Footnotes (9)
- [F1]Includes (i) 324 restricted stock units that vest on 4/17/20; (ii) 266 restricted stock units that vest on 5/15/20; (iii) 305 restricted stock units that vest on 12/15/20; (iv) 796 restricted stock units that vest as to 398 shares on each of 4/17/20 and 4/17/21; (v) 1,673 restricted stock units that vest as to 837 shares on 12/5/20 and as to 836 shares on 12/5/21; and (vi) 3,223 restricted stock units that vest as to 1,075 shares on 12/4/20 and as to 1,074 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]Fully exercisable.
- [F5]Options to purchase 1,455 shares vest on 5/15/20.
- [F6]Options to purchase 1,558 shares vest on 4/17/20.
- [F7]Options to purchase 1,867 shares vest on 4/17/20 and options to purchase 1,866 shares vest on 4/17/21.
- [F8]Options to purchase 3,236 shares vest on 12/5/20 and options to purchase 3,235 shares vest on 12/5/21.
- [F9]Options to purchase 4,521 shares vest on each of 12/4/20 and 12/4/21 and options to purchase 4,520 shares vest on 12/4/22.
Documents
Issuer
MTS SYSTEMS CORP
CIK 0000068709
Entity typeother
Related Parties
1- filerCIK 0001706368
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:25 PM ET
- Size
- 19.6 KB