4//SEC Filing
Harrison Steven B 4
Accession 0000914190-20-000449
CIK 0000068709other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:48 PM ET
Size
13.8 KB
Accession
0000914190-20-000449
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Harrison Steven B
President, Test Systems
Transactions
- Award
Common Stock
2020-12-15+1,653→ 25,726.867 total - Tax Payment
Common Stock
2020-12-15$58.39/sh−506$29,545→ 25,220.867 total
Holdings
- 4,543
Stock Option (right to buy)
Exercise: $46.25Exp: 2024-04-17→ Common Stock (4,543 underlying) - 5,040
Stock Option (right to buy)
Exercise: $52.30Exp: 2025-04-17→ Common Stock (5,040 underlying) - 11,302
Stock Option (right to buy)
Exercise: $46.55Exp: 2026-12-04→ Common Stock (11,302 underlying) - 4,952
Stock Option (right to buy)
Exercise: $48.80Exp: 2025-12-05→ Common Stock (4,952 underlying) - 4,521
Stock Option (right to buy)
Exercise: $25.17Exp: 2026-12-04→ Common Stock (4,521 underlying)
Footnotes (9)
- [F1]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 2020.
- [F2]Includes 520.5080 shares purchased on 6/30/20 pursuant to the MTS Employee Stock Purchase Plan.
- [F3]Includes (i) 358 restricted stock units that vest on 4/17/21; (ii) 427 restricted stock units that vest on 12/5/21; (iii) 8,323 restricted stock units that vest as to 4,162 shares on 7/15/21 and as to 4,161 shares on 7/15/22; (iv) 1,790 restricted stock units that vest as to 895 shares on each of 12/4/21 and 12/4/22; and (v) 1,324 restricted stock units that vest as to 662 shares on each of 12/4/21 and 12/4/22.
- [F4]Represents shares withheld for payment of tax liability.
- [F5]Fully exercisable.
- [F6]Options to purchase 1,680 shares vest on 4/17/21.
- [F7]Options to purchase 1,650 shares vest on 12/5/21.
- [F8]Options to purchase 3,767 shares vest on each of 12/4/21 and 12/4/22.
- [F9]Options to purchase 1,507 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, 4:48 PM ET
- Size
- 13.8 KB