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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
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MTS Systems Corporation
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(Name of Issuer)
Common
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(Title of Class of Securities)
553777-10-3
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(CUSIP Number)
Check the following box if a fee is being paid with this statement /X/. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 6 pages
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CUSIP No. 55377-10-3 13G Page 2 of 6 pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON
First Bank System Inc.
601 2nd Ave. South
Minneapolis, MN 55402-4302
Tax I.D. No.: 41-0255900
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
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3 SEC Use Only
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, U.S.A.
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5 SOLE VOTING POWER
NUMBER OF 335,722
SHARES -----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 28,047
EACH
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 302,387
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8 SHARED DISPOSITIVE POWER
34,299
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
367,541
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.21%
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12 TYPE OF REPORTING PERSON*
H.C.
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SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 6 pages
ITEM 1
a. NAME OF ISSUER:
MTS Systems Corporation
b. ADDRESS OF ISSUER'S PRINCIPLE EXECUTIVE OFFICES:
MTS Systems Corporation
14000 Technology Drive
Eden Prarie, MN 55344
ITEM 2
a. NAME OF PERSON FILING:
First Bank System, Inc.
b. ADDRESS OF PERSON'S FILING PRINCIPAL EXECUTIVE OFFICES:
601 2nd Ave South
Minneapolis, MN 55402-4302
United States
C. TITLE OF CLASS OF SECURITIES:
COMMON
D. CUSIP NUMBER:
553777-10-3
ITEM 3
The person filing this statement is a:
(g) [X] Parent Holding Company
ITEM 4
OWNERSHIP:
a. Amount beneficially owned: 367,541
b. Percentage of Class: 8.21%
c. Number of shares as to which such person has:
1. Sole power to vote or direct the vote: 335,722
2. Shared power to vote or direct vote 28,047
3. Sole power to dispose or direct the disposition 302,387
4. Shared power to dispose or direct the disposition 34,299
ITEM 5
OWNERSHIP OF FIVE PERCENT OR LESS OF CLASS: ( )
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Page 4 of 6 Pages
ITEM 6
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Other persons have the right to receive or the power to direct the
receipt of, dividend from, or the proceeds from the sale of, such
securities. To our knowledge no interest of any such person relates to
more than 5% of the class.
ITEM 7
IDENTIFICATION AND CLASSIFIFCATION OF MEMBERS OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY PARENT HOLDING COMPANY
See Exhibit A
ITEM 8
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
ITEM 9
NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10
CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
Dated: February 10, 1994
/s/ Bruce L. Wilson
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Bruce L. Wilson
Vice President
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Page 5 of 6 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
EXHIBIT A
The Schedule to which this attachment is appended is filed on behalf of the
following subsidiary or subsidiaries listed below, which are classified as banks
for the purposes of 17 CFR 140.13d-1 (b) (ii) (B).
First Bank National Association First Trust National Association
601 2nd Ave South 180 East Fifth Street, Suite 200
Minneapolis, Minnesota 55402-4302 St. Paul, Minnesota 55101
Colorado National Bank First Bank South Dakota
P. O. Box 5548 (National Association)
Denver, Colorado 80217 141 North Main Avenue
Souix Falls, South Dakota 57117
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Page 6 of 6 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
EXHIBIT B - DISCLAIMER
Information on the attached Schedule 13G is provided solely for the purpose of
complying with Section 13(d) and 13(g) of the Securities Exchange Act of 1934
and Regulations promulgated under authority thereof and is not intended as an
admission that First Bank System, Inc. or any of its subsidiaries, is a
beneficial owner of the securities described herein for any other purpose
(including without limitation for purposes of the Minnesota Control Share
Acquisition Act).
