SEC Form 4 · accession 0001562180-18-004163
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
Sep 7, 2018
Accepted (ET)
Oct 4, 2018 · 8:52 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887226
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 7, 2018 | F | 741 | $10.94 | D | 21,306 | D | |
| Common StockF2 | Oct 2, 2018 | A | 4,413 | $0.00 | A | 25,719 | D | |
| Common StockF1 | Oct 2, 2018 | F | 2,045 | $9.67 | D | 23,674 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares surrendered to Company in order to satisfy withholding tax obligations.
- F2On October 2, 2017, the reporting person received a grant of performance share award units which vest 33 1/3% in 2018, 2019 and 2020 based on the achievement of certain financial goals. 4,413 performance share award units vested and settled in shares of common stock on October 2, 2018.