0000914190-19-000484.txt : 20191217
0000914190-19-000484.hdr.sgml : 20191217
20191217162600
ACCESSION NUMBER: 0000914190-19-000484
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191204
FILED AS OF DATE: 20191217
DATE AS OF CHANGE: 20191217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Harrison Steven B
CENTRAL INDEX KEY: 0001695596
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-02382
FILM NUMBER: 191290022
MAIL ADDRESS:
STREET 1: 14000 TECHNOLOGY DRIVE
CITY: EDEN PRAIRIE
STATE: MN
ZIP: 55344
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: 0928
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
PRIMARY DOCUMENT
X0306
4
2019-12-04
0000068709
MTS SYSTEMS CORP
MTSC
0001695596
Harrison Steven B
14000 TECHNOLOGY DRIVE
EDEN PRAIRIE
MN
55344
0
1
0
0
EVP & Pres. Test & Simulation
Common Stock
2019-12-04
4
A
0
2686
0
A
21457.2914
D
Common Stock
2019-12-15
4
A
0
1062
0
A
22519.2914
D
Common Stock
2019-12-15
4
F
0
325
46.69
D
22194.2914
D
Stock Option (right to buy)
46.25
2024-04-17
Common Stock
4543
4543
D
Stock Option (right to buy)
52.30
2025-04-17
Common Stock
5040
5040
D
Stock Option (right to buy)
48.80
2025-12-05
Common Stock
4952
4952
D
Stock Option (right to buy)
46.545
2019-12-04
4
A
0
11302
0
A
2026-12-04
Common Stock
11302
11302
D
Includes (i) 360 restricted stock units that vest on 4/15/20; (ii) 315 restricted stock units that vest on 4/17/20; (iii) 717 restricted stock units that vest as to 359 shares on 4/17/20 and as to 358 shares on 4/17/21; (iv) 854 restricted stock units that vest as to 427 shares on each of 12/5/20 and 12/5/21; (v) 12,485 restricted stock units that vest as to 4,162 shares on each of 7/15/20 and 7/15/21 and as to 4,161 shares on 7/15/22; and (vi) 2,686 restricted stock units that vest as to 896 shares on 12/4/20 and as to 895 shares on each of 12/4/21 and 12/4/22.
Shares acquired upon vesting of performance restricted stock units ("PRSUs"). Each PRSU represented 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 was contingent upon the achievement of pre-established performance metrics, as approved by MTS's Compensation and Leadership Development Committee, over a three-year performance period ending with fiscal year 2019.
Represents shares withheld for payment of tax liability.
Options to purchase 1,514 shares vest on 4/17/20.
Options to purchase 1,680 shares vest on each of 4/17/20 and 4/17/21.
Options to purchase 1,651 shares vest on 12/5/20 and options to purchase 1,650 shares vest on 12/5/21.
Options to purchase 3,768 shares vest on 12/4/20 and options to purchase 3,767 shares vest on each of 12/4/21 and 12/4/22.
/s/ Amanda Lorentz as attorney-in-fact for Steven B. Harrison pursuant to Power of Attorney previously filed
2019-12-17