SEC Form 4 · accession 0001562180-19-000262
PERCEPTRON INC/MI · PRCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Freeland
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 11, 2019 · 2:00 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F1 | $8.28 | Jan 2, 2019 | A | 8,000 | A | — | Jan 2, 2029 | Non-Derivative Security Title | 8,000 | 8,000 | D |
Explanation of responses
- F1On January 2, 2019, the reporting person was granted an option to purchase 8,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in three equal annual installments beginning January 2, 2020 at an exercise price equal to the fair market value of the Company's Common Stock as of January 2, 2019, expiring 10 years from the grant date.