The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:
Each restricted stock unit was the economic equivalent of one share of the Issuer's common stock. The restricted stock units were settled for an equal number of shares of the Issuer's common stock.
Each restricted stock unit represents a contingent right to receive one share of common stock.
The restricted stock units vest in three equal annual installments beginning July 6, 2011.
To see this filing in its entirety, click here
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Other recent filings from the company include the following:
Mts Systems Corporation 14000 Technology Drive Eden Prairie, Mn 55344-2290 Telephone 952.937.4000 Fax 952.937.4515 - Dec. 15, 2014
MTS Systems Corporation director just disposed of 300 shares - Dec. 11, 2014
MTS Systems Corporation's VP and CFO just picked up 573 shares - Dec. 9, 2014
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