MTS SYSTEMS CORP 4
4 · MTS SYSTEMS CORP · Filed Feb 12, 2015
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Steinel Gail P
Director
Transactions
- Exercise/Conversion
Common Stock
2015-02-10$70.82/sh+662$46,883→ 8,728 total - Award
Restricted Stock Unit
2015-02-10+1,342→ 1,342 total→ Common Stock (1,342 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- [F2]This award of Restricted Stock Units vests on the actual date of the next annual meeting of shareholders of the issuer and vests pro-rata if the director ceases to be a director for any reason other than death or disability. The shares vests immediately upon the death or disability of the director.
- [F3]Ms. Steinel defers 50% of the Restricted Stock Unit grant.