SEC Form 4 · accession 0001624480-15-000002
PERCEPTRON INC/MI · PRCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Sylvia Smith
Officer — Vice President & CAO
Period of report
Mar 11, 2015
Accepted (ET)
Mar 13, 2015 · 3:59 pm 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 |
|---|---|---|---|---|---|---|---|---|
| Stock Option | Mar 11, 2015 | M | 1,500 | $2.80 | A | 26,807 | D | |
| Common Stock | Mar 11, 2015 | S | 1,500 | $11.90 | D | 25,307 | D | |
| Stock Option | Mar 11, 2015 | M | 3,000 | $6.14 | A | 28,307 | D | |
| Common Stock | Mar 11, 2015 | S | 3,000 | $11.90 | D | 25,307 | D | |
| Stock Option | Mar 12, 2015 | M | 1,000 | $10.55 | A | 26,307 | D | |
| Common Stock | Mar 12, 2015 | S | 1,000 | $12.00 | D | 25,307 | D | |
| Stock Option | Mar 13, 2015 | M | 2,000 | $5.70 | A | 27,307 | D | |
| Common Stock | Mar 13, 2015 | S | 2,000 | $11.65 | A | 25,307 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F1 | $2.80 | Mar 11, 2015 | M | 1,500 | D | — | Mar 1, 2019 | Common Stock | 1,500 | 0 | D |
| Employee Stock Options (right to buy)F2 | $6.14 | Mar 11, 2015 | M | 3,000 | D | — | Aug 31, 2021 | Common Stock | 3,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $10.55 | Mar 12, 2015 | M | 1,000 | D | — | Sep 2, 2023 | Common Stock | 1,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $5.70 | Mar 13, 2015 | M | 2,000 | D | — | Sep 3, 2022 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1On 03/02/2009, the reporting person was granted an option to purchase 6,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in four equal installments beginning on March 2, 2010 at an exercise price equal to the fair market value of the Company's Common Stock as of March 2, 2009, expiring ten years from the grant date.
- F2On 09/01/2011, the reporting person was granted an option to purchase 4,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in four equal installments beginning on September 1, 2012 at an exercise price equal to the fair market value of the Company's Common Stock as of September 1, 2011, expiring ten years from the grant date.
- F3On 09/03/2013, the reporting person was granted an option to purchase 4,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in four equal installments beginning on September 3, 2014 at an exercise price equal to the fair market value of the Company's Common Stock as of September 3, 2013, expiring ten years from the grant date.
- F4On 09/04/2012, the reporting person was granted an option to purchase 4,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in four equal installments beginning on September 4, 2013 at an exercise price equal to the fair market value of the Company's Common Stock as of September 4, 2012, expiring ten years from the grant date.