SEC Form 4 · accession 0001631148-15-000008
PERCEPTRON INC/MI · PRCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Mark Armstrong
Officer — President & CEO
Period of report
Sep 29, 2015
Accepted (ET)
Oct 1, 2015 · 2:53 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $7.63 | Sep 29, 2015 | A | 53,597 | A | — | Sep 29, 2025 | Common Stock | 53,597 | 53,597 | D |
| Employee Stock Option (right to buy)F2 | $7.63 | Sep 29, 2015 | A | 24,000 | A | — | Sep 29, 2025 | Common Stock | 24,000 | 24,000 | D |
Explanation of responses
- F1On September 29, 2015 the reporting person was granted an option to purchase 53,597 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in three equal annual installments beginning September 29, 2016 at an exercise price equal to the fair market value of the Company's Common Stock as of September 29, 2015, expiring ten years from grant date.
- F2On September 29, 2015 the reporting person was granted an option to purchase 24,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in three equal annual installments beginning September 29, 2016 at an exercise price equal to the fair market value of the Company's Common Stock as of September 29, 2015, expiring ten years from grant date.