0001179110-17-014893.txt : 20171205
0001179110-17-014893.hdr.sgml : 20171205
20171205144406
ACCESSION NUMBER: 0001179110-17-014893
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171203
FILED AS OF DATE: 20171205
DATE AS OF CHANGE: 20171205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GRAVES JEFFREY A
CENTRAL INDEX KEY: 0001251036
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-02382
FILM NUMBER: 171239392
MAIL ADDRESS:
STREET 1: C/O C&D TECHNOLOGIES, INC.
STREET 2: 1400 UNION MEETING RD
CITY: BLUE BELL
STATE: PA
ZIP: 19422
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: 0930
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
4
1
edgar.xml
FORM 4 -
X0306
4
2017-12-03
0
0000068709
MTS SYSTEMS CORP
MTSC
0001251036
GRAVES JEFFREY A
14000 TECHNOLOGY DRIVE
EDEN PRAIRIE
MN
55344
1
1
0
0
President and CEO
Common Stock
2017-12-03
4
M
0
2467
0
A
30391.0868
D
Common Stock
2017-12-03
4
F
0
829
55.40
D
29562.0868
D
Performance Restricted Stock Unit
2017-12-03
4
M
0
2670
0
D
Common Stock
2467
0
D
Shares acquired on vesting of performance restricted stock units ("PRSUs").
Shares withheld for payment of tax liability.
Each PRSU represents the right to receive, following vesting, one share of MTS common stock. The resulting number of shares of MTS common stock acquired upon vesting of the PRSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation and Leadership and Development Committee, over a two-year performance period beginning on December 3, 2014 and ending on the two year anniversary of the date of grant.
As a result of the below target performance against the specific performance goal, 2,467 of the 2,670 PRSUs originally granted vested and were settled in an equal number of shares of MTS common stock. The remaining 203 PRSUs were forfeited.
/s/ Jana Hecker, attorney-in-fact
2017-12-05