Form Type: 4

SEC EDGAR Link
Accession Number:0000914190-19-000466
Date:2019-12-05
Issuer: MTS SYSTEMS CORP (MTSC)
Original Submission Date:

Reporting Person:

HORE DAVID
14000 TECHNOLOGY DRIVE
EDEN PRAIRIE, MN 55344

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-12-05 F 160 d $46.74 40,537 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 46.25 2019-12-05 deemed execution date 0 ( ) 2024-04-17 common stock 7,139 $46.25 7,139 direct
STOCK OPTION (RIGHT TO BUY) 52.3 2019-12-05 deemed execution date 0 ( ) 2025-04-17 common stock 5,040 $52.30 5,040 direct
STOCK OPTION (RIGHT TO BUY) 48.8 2019-12-05 deemed execution date 0 ( ) 2025-12-05 common stock 5,448 $48.80 5,448 direct
Footnotes
IDfootnote
f1 represents shares withheld for payment of tax liability.
f2 includes (i) 495 restricted stock units that vest on 4/17/20; (ii) 1,366 restricted stock units that vest as to 683 shares on each of 2/15/20 and 2/15/21; (iii) 717 restricted stock units that vest as to 359 shares on 4/17/20 and as to 358 shares on 4/17/21; and (iv) 939 restricted stock units that vest as to 470 shares on 12/5/20 and as to 469 shares on 12/5/21.
f3 options to purchase 2,380 shares vest on each of 4/17/18 and 4/17/19 and options to purchase 2,379 shares vest on 4/17/20.
f4 options to purchase 1,680 shares vest on each of 4/17/19, 4/17/20 and 4/17/21.
f5 options to purchase 1,816 shares vest on each of 12/5/19, 12/5/20 and 12/5/21.
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