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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Klemmensen Todd
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)
Sr. VP, Gen. Counsel and Sec.
(Last)          (First)          (Middle)

14000 TECHNOLOGY DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

12/9/2018
(Street)

EDEN PRAIRIE, MN 55344
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/9/2018     F    44   D $47.59   6136   (1) D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $64.90                      (2) 12/4/2020   Common Stock   2673     2673   D  
 
Stock Option (right to buy)   $66.98                      (2) 12/3/2021   Common Stock   1072     1072   D  
 
Stock Option (right to buy)   $61.74                      (2) 12/9/2022   Common Stock   2601     2601   D  
 
Stock Option (right to buy)   $46.25                      (3) 4/17/2024   Common Stock   3167     3167   D  
 
Stock Option (right to buy)   $52.30                      (4) 4/17/2025   Common Stock   3244     3244   D  
 
Stock Option (right to buy)   $48.80                      (5) 12/5/2025   Common Stock   5943     5943   D  
 

Explanation of Responses:
(1)  Includes (i) 439 restricted stock units that vest as to 220 shares on 4/17/19 and as to 219 shares on 4/17/20; (ii) 276 restricted stock units that vest as to 138 shares on each of 8/15/19 and 8/15/20; (iii) 692 restricted stock units that vest as to 231 shares on each of 4/17/19 and 4/17/20 and as to 230 shares on 4/17/21; (iv) 1,820 restricted stock units that vest as to 607 shares on each of 9/15/19 and 9/15/20 and as to 606 shares on 9/15/21; and (v) 1,537 restricted stock units that vest as to 513 shares on 12/5/19 and as to 512 shares on each of 12/5/20 and 12/5/21.
(2)  Fully vested.
(3)  Options to purchase 1,056 shares vest on 4/17/19 and options to purchase 1,055 shares vest on 4/17/20.
(4)  Options to purchase 1,082 shares vest on 4/17/19 and options to purchase 1,081 shares vest on each of 4/17/20 and 4/17/21.
(5)  Options to purchase 1,981 shares vest on each of 12/5/19, 12/5/20 and 12/5/21.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Klemmensen Todd
14000 TECHNOLOGY DRIVE
EDEN PRAIRIE, MN 55344


Sr. VP, Gen. Counsel and Sec.

Signatures
/s/ Amanda Lorentz as attorney-in-fact for Todd Klemmensen pursuant to Power of Attorney previously filed. 12/11/2018
** Signature of Reporting Person Date


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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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