HAMILTON LAURA B 4
4 · MTS SYSTEMS CORP · Filed Jul 7, 2011
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
HAMILTON LAURA B
DirectorCEO & Chair
Transactions
- Tax Payment
Common Stock
2011-07-06$43.78/sh−1,450$63,481→ 55,742 total - Exercise/Conversion
Employee Restricted Stock Unit
2011-07-06+4,434→ 8,866 total→ Common Stock (4,434 underlying) - Exercise/Conversion
Common Stock
2011-07-06+4,434→ 57,192 total
Holdings
- 3,120(indirect: By Spouse)
Common Stock
Footnotes (4)
- [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]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.
- [F3]Each restricted stock unit represents a contingent right to receive one (1) share of common stock.
- [F4]The restricted stock units vest in three equal installments beginning on July 6, 2011.