4//SEC Filing
Harrison Steven B 4
Accession 0000914190-19-000484
CIK 0000068709other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:26 PM ET
Size
15.5 KB
Accession
0000914190-19-000484
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Harrison Steven B
President, Test Systems
Transactions
- Tax Payment
Common Stock
2019-12-15$46.69/sh−325$15,174→ 22,194.291 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) - Award
Common Stock
2019-12-04+2,686→ 21,457.291 total - Award
Common Stock
2019-12-15+1,062→ 22,519.291 total
Holdings
- 5,040
Stock Option (right to buy)
Exercise: $52.30Exp: 2025-04-17→ Common Stock (5,040 underlying) - 4,952
Stock Option (right to buy)
Exercise: $48.80Exp: 2025-12-05→ Common Stock (4,952 underlying) - 4,543
Stock Option (right to buy)
Exercise: $46.25Exp: 2024-04-17→ Common Stock (4,543 underlying)
Footnotes (7)
- [F1]Includes (i) 360 restricted stock units that vest on 4/15/20; (ii) 315 restricted stock units that vest on 4/17/20; (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) 854 restricted stock units that vest as to 427 shares on each of 12/5/20 and 12/5/21; (v) 12,485 restricted stock units that vest as to 4,162 shares on each of 7/15/20 and 7/15/21 and as to 4,161 shares on 7/15/22; and (vi) 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 1,514 shares vest on 4/17/20.
- [F5]Options to purchase 1,680 shares vest on each of 4/17/20 and 4/17/21.
- [F6]Options to purchase 1,651 shares vest on 12/5/20 and options to purchase 1,650 shares vest on 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 0001695596
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:26 PM ET
- Size
- 15.5 KB