SEC Form 4 · accession 0001354488-16-008617
PERCEPTRON INC/MI · PRCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Lawrence Watza
Officer — President, CEO and CFO
Period of report
Dec 1, 2016
Accepted (ET)
Dec 2, 2016 · 2:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887226
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $6.65 | Dec 1, 2016 | A | 100,000 | A | — | Dec 1, 2026 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1On December 1, 2016, the reporting person was granted an option to purchase 100,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The Shares are exercisable in three equal annual installments beginning December 1, 2017 at the exercise price equal to the fair market value of the Company's Common Stock as of December 1, 2016, expiring ten years from the grant date.