4//SEC Filing
Hore David 4
Accession 0000914190-21-000106
CIK 0000068709other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 4:17 PM ET
Size
15.4 KB
Accession
0000914190-21-000106
Insider Transaction Report
Form 4
MTS SYSTEMS CORPMTSC
Hore David
President, Sensors
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2021-04-07−7,139→ 0 totalExercise: $46.25Exp: 2024-04-17→ Common Stock (7,139 underlying) - Disposition to Issuer
Common Stock
2021-04-07$58.50/sh−42,025.881$2,458,514→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2021-04-07−11,302→ 0 totalExercise: $46.55Exp: 2026-12-04→ Common Stock (11,302 underlying) - Disposition to Issuer
Common Stock
2021-04-07$58.50/sh−6,888$402,948→ 42,025.881 total - Disposition to Issuer
Stock Option (right to buy)
2021-04-07−5,040→ 0 totalExercise: $52.30Exp: 2025-04-17→ Common Stock (5,040 underlying) - Disposition to Issuer
Stock Option (right to buy)
2021-04-07−5,448→ 0 totalExercise: $48.80Exp: 2025-12-05→ Common Stock (5,448 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger among Amphenol Corporation, Moon Merger Sub Corporation and the Company (the "Merger Agreement"), each unvested restricted stock unit became fully vested immediately prior to the effective time of the merger. Restricted stock units were then cancelled as of the effective time of the merger in exchange for the right to receive a cash payment equal to $58.50 multiplied by the number of shares subject to such restricted stock unit award, less any required withholding of taxes.
- [F2]Cancelled pursuant to the Merger Agreement in exchange for the right to receive a cash payment equal to $58.50 multiplied by the number of shares, less any required withholding of taxes.
- [F3]Pursuant to the Merger Agreement, each unvested stock option became fully vested and exercisable immediately prior to the effective time of the merger. Each stock option that was outstanding and unexercised as of the effective time of the merger and had an exercise price per share that was less than $58.50 was then cancelled and converted into the right to receive a cash payment equal to $58.50 minus the exercise price, multiplied by the number of shares issuable upon exercise of such stock option, less any required withholding of taxes
Documents
Issuer
MTS SYSTEMS CORP
CIK 0000068709
Entity typeother
Related Parties
1- filerCIK 0001679271
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 4:17 PM ET
- Size
- 15.4 KB