4//SEC Filing
Hore David 4
Accession 0000914190-20-000450
CIK 0000068709other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:48 PM ET
Size
12.1 KB
Accession
0000914190-20-000450
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Hore David
President, Sensors
Transactions
- Award
Common Stock
2020-12-15+1,653→ 45,473.881 total - Tax Payment
Common Stock
2020-12-15$58.39/sh−562$32,815→ 44,911.881 total
Holdings
- 11,302
Stock Option (right to buy)
Exercise: $46.55Exp: 2026-12-04→ Common Stock (11,302 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) - 5,448
Stock Option (right to buy)
Exercise: $48.80Exp: 2025-12-05→ Common Stock (5,448 underlying)
Footnotes (7)
- [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 (i) 683 restricted stock units that vest on 2/15/21; (ii) 358 restricted stock units that vest on 4/17/21; (iii) 469 restricted stock units that vest on 12/5/21; and (iv) 1,790 restricted stock units that vest as to 895 shares on each of 12/4/21 and 12/4/22.
- [F3]Represents shares withheld for payment of tax liability.
- [F4]Fully exercisable.
- [F5]Options to purchase 1,680 shares vest on 4/17/21.
- [F6]Options to purchase 1,816 shares vest on 12/5/21.
- [F7]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, 4:48 PM ET
- Size
- 12.1 KB