MARTINEZ RANDY J 4
4 · MTS SYSTEMS CORP · Filed Apr 8, 2021
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
MARTINEZ RANDY J
Director
Transactions
- Disposition to Issuer
Common Stock
2021-04-07$58.50/sh−17,082$999,297→ 40,823 total - Disposition to Issuer
Common Stock
2021-04-07$58.50/sh−40,823$2,388,146→ 0 total
Footnotes (2)
- [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.