SEC Form 4 · accession 0001631148-15-000001
PERCEPTRON INC/MI · PRCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sylvia Smith
Officer — Vice President & CAO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 1:46 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 |
|---|---|---|---|---|---|---|---|---|
| Stock Option | Feb 23, 2015 | M | 5,000 | $6.98 | A | 30,307 | D | |
| Common Stock | Feb 23, 2015 | S | 5,000 | $11.45 | D | 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 | $6.98 | Feb 23, 2015 | M | 5,000 | D | — | Jan 1, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1On 01/02/2006, the reporting person was granted an option to purchase 5,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in four equal installments beginning on January 2, 2007 at an exercise price equal to the fair market value of the Company's Common Stock as of January 2, 2006, expiring ten years from the grant date.