STABY KATHLEEN M 4
4 · MTS SYSTEMS CORP · Filed Jun 30, 2011
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
STABY KATHLEEN M
Vice President
Transactions
- Exercise/Conversion
Employee Restricted Stock Unit
2011-06-29−500→ 500 total→ Common Stock (500 underlying) - Exercise/Conversion
Common Stock
2011-06-29+500→ 14,702 total - Tax Payment
Common Stock
2011-06-29$41.11/sh−164$6,742→ 14,538 total
Footnotes (5)
- [F1]Each vested restricted stock unit was the economic equivalent of one share of the Issuer's common stock. The restricted stock units were settled for shares of the Issuer's common stock.
- [F2]Includes 57 shares acquired in April 2011 pursuant to the MTS Dividend Reinvestment Plan.
- [F3]The reporting person authorized the Issuer to withhold shares of common stock to satisfy tax obligations arising from the vesting of the restricted stock units described in this Form 4.
- [F4]Each restricted stock unit represents a contingent right to receive one (1) share of common stock.
- [F5]The restricted stock units vest in three equal installments beginning on June 29, 2010.