MTS SYSTEMS CORP 4
4 · MTS SYSTEMS CORP · Filed Apr 19, 2017
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Oldenkamp Jeffrey P.
SVP, CFO
Transactions
- Award
Common Stock
2017-04-17+973→ 2,168 total - Tax Payment
Common Stock
2017-04-17$46.25/sh−319$14,754→ 1,849 total - Award
Employee Restricted Stock Unit
2017-04-17+973→ 973 total→ Common Stock (973 underlying) - Award
Employee Stock Option - Right to Buy
2017-04-17+9,086→ 9,086 totalExercise: $46.25Exp: 2024-04-17→ Common Stock (9,086 underlying) - Award
Employee Restricted Stock Unit
2017-04-17+1,892→ 1,892 total→ Common Stock (1,892 underlying)
Footnotes (5)
- [F1]Shares issued in settlement of a restricted stock unit award that was 50% vested on its 4/17/17 date of grant.
- [F2]Each Restricted Stock Unit represents the contingent right to receive one share of MTS common stock.
- [F3]These restricted stock units, which represent the portion of an award that was not vested on the 4/17/17 date of grant, will vest on 4/17/18 and be settled at that time in a equal number of shares of MTS common stock.
- [F4]These Restricted Stock Units vest in three equal annual installments beginning on April 17, 2018 and will be settled in an equal number of shares on each vesting date.
- [F5]The Stock Options vest in three equal annual installments beginning on April 17, 2018.