0001179110-14-017735.txt : 20141208 0001179110-14-017735.hdr.sgml : 20141208 20141208163039 ACCESSION NUMBER: 0001179110-14-017735 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141203 FILED AS OF DATE: 20141208 DATE AS OF CHANGE: 20141208 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MTS SYSTEMS CORP CENTRAL INDEX KEY: 0000068709 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 410908057 STATE OF INCORPORATION: MN FISCAL YEAR END: 1002 BUSINESS ADDRESS: STREET 1: 14000 TECHNOLOGY DR CITY: EDEN PRAIRIE STATE: MN ZIP: 55344-2290 BUSINESS PHONE: 6129374000 MAIL ADDRESS: STREET 1: 14000 TECHNOLOGY DR CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 FORMER COMPANY: FORMER CONFORMED NAME: RESEARCH INC DATE OF NAME CHANGE: 19670216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Losee Mark CENTRAL INDEX KEY: 0001558624 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-02382 FILM NUMBER: 141272852 MAIL ADDRESS: STREET 1: 14000 TECHNOLOGY DR. CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 4 1 edgar.xml FORM 4 - X0306 4 2014-12-03 0 0000068709 MTS SYSTEMS CORP MTSC 0001558624 Losee Mark 14000 TECHNOLOGY DR EDEN PRAIRIE MN 55344 0 1 0 0 Sr. VP & Chief Info Officer Common Stock 2014-12-04 4 M 0 396 A 732 D Common Stock 2014-12-04 4 F 0 134 66.93 D 598 D Employee Restricted Stock Unit 2014-12-04 4 M 0 396 0 D Common Stock 396 790 D Employee Stock Option 66.98 2014-12-03 4 A 0 3981 0 A 2021-12-03 Common Stock 3981 3981 D Performance Restricted Stock Unit 2014-12-03 4 A 0 324 0 A Common Stock 324 324 D Performance Restricted Stock Unit 2014-12-03 4 A 0 323 0 A Common Stock 323 323 D Performance Restricted Stock Unit 2014-12-03 4 A 0 323 0 A Common Stock 323 323 D 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 installments beginning on December 4, 2014. The Restricted Stock Units vest in three equal annual installments beginning on December 3, 2015. Each Performance Restricted Stock Unit (PRSU) represents performance at Target of Return On Invested Capital. The PRSUs earned will be interpolated from 75% to 125% of the Target. The PRSUs vest on December 3, 2015. Each Performance Restricted Stock Unit (PRSU) represents performance at Target of Return On Invested Capital. The PRSUs earned will be interpolated from 75% to 125% of the Target. The PRSUs vest on December 3, 2016. Each Performance Restricted Stock Unit (PRSU) represents performance at Target of Return On Invested Capital. The PRSUs earned will be interpolated from 75% to 125% of the Target. The PRSUs vest on December 3, 2017. /s/Catherine Powell, Attorney-in-Fact 2014-12-08