X0306 4 2016-12-03 0 0000068709 MTS SYSTEMS CORP MTSC 0001626669 Oldenkamp Jeffrey P. 14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 0 1 0 0 SVP, CFO Common Stock 2016-12-03 4 M 0 631 0 A 1291 D Common Stock 2016-12-03 4 F 0 213 53.75 D 1078 D Performance Restricted Stock Unit 2016-12-03 4 M 0 631 0 D 2016-12-03 Common Stock 631 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, 631 of the 672 PRSUs originally granted vested and were settled in an equal number of shares of MTS common stock. The remaining 41 PRSUs were forfeited sCatherine Powell, Attorney-in-Fact 2016-12-06