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