Harrison Steven B 4

4 · MTS SYSTEMS CORP · Filed Apr 8, 2021

Form 4Exit

Period: 2021-04-07

EVP & Pres. Test & Simulation

Transactions

Disposition to Issuer
Common Stock
[F1]
2021-04-07$58.50/sh−18,201$1,064,759→ 12,998.867 total
Disposition to Issuer
Common Stock
[F2]
2021-04-07$58.50/sh−12,998.867$760,434→ 0 total
Disposition to Issuer
Stock Option (right to buy)
[F3]
2021-04-07−4,543→ 0 total
Exercise: $46.25Exp: 2024-04-17→ Common Stock (4,543 underlying)
Disposition to Issuer
Stock Option (right to buy)
[F3]
2021-04-07−5,040→ 0 total
Exercise: $52.30Exp: 2025-04-17→ Common Stock (5,040 underlying)
Disposition to Issuer
Stock Option (right to buy)
[F3]
2021-04-07−4,952→ 0 total
Exercise: $48.80Exp: 2025-12-05→ Common Stock (4,952 underlying)
Disposition to Issuer
Stock Option (right to buy)
[F3]
2021-04-07−11,302→ 0 total
Exercise: $46.55Exp: 2026-12-04→ Common Stock (11,302 underlying)
Disposition to Issuer
Stock Option (right to buy)
[F3]
2021-04-07−4,521→ 0 total
Exercise: $25.17Exp: 2026-12-04→ Common Stock (4,521 underlying)

Footnotes (3)

[F1]Pursuant to the Agreement and Plan of Merger among Amphenol Corporation, Moon Merger Sub Corporation and the Company (the "Merger Agreement"), each unvested restricted stock unit became fully vested immediately prior to the effective time of the merger. Restricted stock units were then cancelled as of the effective time of the merger in exchange for the right to receive a cash payment equal to $58.50 multiplied by the number of shares subject to such restricted stock unit award, less any required withholding of taxes.
[F2]Cancelled pursuant to the Merger Agreement in exchange for the right to receive a cash payment equal to $58.50 multiplied by the number of shares, less any required withholding of taxes.
[F3]Pursuant to the Merger Agreement, each unvested stock option became fully vested and exercisable immediately prior to the effective time of the merger. Each stock option that was outstanding and unexercised as of the effective time of the merger and had an exercise price per share that was less than $58.50 was then cancelled and converted into the right to receive a cash payment equal to $58.50 minus the exercise price, multiplied by the number of shares issuable upon exercise of such stock option, less any required withholding of taxes.

Signature

/s/ Amanda Lorentz as attorney-in-fact for Steven B. Harrison pursuant to Power of Attorney previously filed|2021-04-08

Documents

1 file