Sec Form 4 Filing - Harrison Steven B @ MTS SYSTEMS CORP - 2018-11-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Harrison Steven B
2. Issuer Name and Ticker or Trading Symbol
MTS SYSTEMS CORP [ MTSC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
MTS Test Eng., Op & Order Full
(Last) (First) (Middle)
14000 TECHNOLOGY DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
11/29/2018
(Street)
EDEN PRAIRIE, MN55344
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/29/2018 P 521 A $ 47.3913 3,752.3548 ( 1 ) ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 46.25 ( 3 ) 04/17/2024 Common Stock 4,543 4,543 D
Stock Option (right to buy) $ 52.3 ( 4 ) 04/17/2025 Common Stock 5,040 5,040 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Harrison Steven B
14000 TECHNOLOGY DRIVE
EDEN PRAIRIE, MN55344
MTS Test Eng., Op & Order Full
Signatures
/s/ Amanda Lorentz as attorney-in-fact for Steven B. Harrison pursuant to Power of Attorney previously filed 12/03/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes (i) 720 restricted stock units that vest as to 360 shares on each of 4/15/19 and 4/15/20; (ii) 630 restricted stock units that vest as to 315 shares on each of 4/17/19 and 4/17/20; and (iii) 1,076 restricted stock units that vest as to 359 shares on each of 4/17/19 and 4/17/20 and as to 358 shares on 4/17/21.
( 2 )Includes 187.1409 shares purchased on 6/30/18 through the Company's Employee Stock Purchase Plan.
( 3 )Options to purchase 1,515 shares vest on 4/17/18 and options to purchase 1,514 shares vest on each of 4/17/19 and 4/17/20.
( 4 )Options to purchase 1,680 shares vest on each of 4/17/19, 4/17/20 and 4/17/21.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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