Filing Details

Accession Number:
0000914190-18-000547
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-12-11 16:20:43
Reporting Period:
2018-12-09
Accepted Time:
2018-12-11 16:20:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
68709 Mts Systems Corp MTSC Measuring & Controlling Devices, Nec (3829) 410908057
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1251036 A Jeffrey Graves 14000 Technology Drive
Eden Prairie MN 55344
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-12-09 8,906 $0.00 72,137 No 4 A Direct
Common Stock Disposition 2018-12-09 2,726 $47.59 69,411 No 4 F Direct
Common Stock Acquisiton 2018-12-11 2,000 $46.80 71,411 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $64.90 2020-12-04 68,241 68,241 Direct
Common Stock Stock Option (right to buy) $66.98 2021-12-03 32,854 32,854 Direct
Common Stock Stock Option (right to buy) $61.74 2022-12-09 61,455 61,455 Direct
Common Stock Stock Option (right to buy) $46.25 2024-04-17 38,941 38,941 Direct
Common Stock Stock Option (right to buy) $52.30 2025-04-17 38,934 38,934 Direct
Common Stock Stock Option (right to buy) $48.80 2025-12-05 36,886 36,886 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-12-04 68,241 68,241 Direct
2021-12-03 32,854 32,854 Direct
2022-12-09 61,455 61,455 Direct
2024-04-17 38,941 38,941 Direct
2025-04-17 38,934 38,934 Direct
2025-12-05 36,886 36,886 Direct
Footnotes
  1. Shares acquired upon vesting of performance restricted stock units ("PRSUs"). Each PRSU represents the right to receive, following vesting, one share of MTS common stock. The resulting number of shares of MTS common stock acquired upon vesting of the PRSUs is contingent upon the achievement of pre-established performance metrics, as approved by MTS's Compensation and Leadership and Development Committee, over a three-year performance period beginning on December 9, 2015 and ending on the three year anniversary of the date of grant.
  2. Includes (i) 5,405 restricted stock units that vest as to 2,703 shares on 4/17/19 and as to 2,702 shares on 4/17/20; (ii) 8,308 restricted stock units that vest as to 2,770 shares on 4/17/19 and as to 2,769 shares on each of 4/17/20 and 4/17/21; and (iii) 9,539 restricted stock units that vest as to 3,180 shares on each of 12/5/19 and 12/5/20 and as to 3,179 shares on 12/5/21.
  3. Shares withheld for payment of tax liability.
  4. Fully exercisable.
  5. Options to purchase 12,981 shares vest on 4/17/18 and options to purchase 12,980 shares vest on each of 4/17/19 and 4/17/20.
  6. Options to purchase 12,978 shares vest on each of 4/17/19, 4/17/20 and 4/17/21.
  7. Options to purchase 12,296 shares vest on 12/5/19 and options to purchase 12,295 shares vest on each of 12/5/20 and 12/5/21.