SEC Form 4 · accession 0001562180-18-005092
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 · Director
Period of report
Dec 20, 2018
Accepted (ET)
Dec 21, 2018 · 4:19 pm EST
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 | Dec 20, 2018 | A | 9,400 | $0.00 | A | 33,074 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 20, 2018, the reporting person was granted 9,400 restricted stock units under the 2004 Stock Incentive Plan, an exempt plan. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer. Provided the reporting person remains employed with the Issuer on each of the relevant dates, the units will vest as follows: 3,133 units will vest on October 1, 2019; 3,133 units will vest on October 1, 2020; 3,134 units will vest on October 1, 2021.