0001179110-14-017736.txt : 20141208
0001179110-14-017736.hdr.sgml : 20141208
20141208163114
ACCESSION NUMBER: 0001179110-14-017736
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: BACHRACH WILLIAM E
CENTRAL INDEX KEY: 0001251035
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-02382
FILM NUMBER: 141272857
MAIL ADDRESS:
STREET 1: 11 CABOT BOULEVARD
CITY: MANSFIELD
STATE: MA
ZIP: 02048
4
1
edgar.xml
FORM 4 -
X0306
4
2014-12-03
0
0000068709
MTS SYSTEMS CORP
MTSC
0001251035
BACHRACH WILLIAM E
14000 TECHNOLOGY DRIVE
EDEN PRAIRIE
MN
55344
0
1
0
0
SVP Sensors & Test Division
Common Stock
2014-12-04
4
M
0
630
A
1222.7067
D
Common Stock
2014-12-04
4
F
0
206
66.93
D
1016.7067
D
Employee Restricted Stock Unit
2014-12-04
4
M
0
630
0
D
Common Stock
630
1258
D
Employee Stock Option
66.98
2014-12-03
4
A
0
8420
0
A
2021-12-03
Common Stock
8420
8420
D
Performance Restricted Stock Unit
2014-12-03
4
A
0
685
0
A
Common Stock
685
685
D
Performance Restricted Stock Unit
2014-12-03
4
A
0
684
0
A
Common Stock
684
684
D
Performance Restricted Stock Unit
2014-12-03
4
A
0
684
0
A
Common Stock
684
684
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 Stock Options 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.
Includes 101.7067 shares acquired on June 30, 2014 pursuant to the Employee Stock Purchase Plan.
/s/Catherine Powell, Attorney-in-Fact
2014-12-08