3//SEC Filing
Harbert Discovery Fund, LP 3
Accession 0000919574-19-004161
CIK 0000887226other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 2:56 PM ET
Size
16.7 KB
Accession
0000919574-19-004161
Insider Transaction Report
Form 3
HARBERT MANAGEMENT CORP
10% Owner
Holdings
Director Stock Option (Right to Buy)
Exercise: $6.46From: 2016-09-01Exp: 2026-09-01→ Common Stock, $0.01 par value (8,000 underlying)- 987,091
Common Stock, $0.01 par value
- 6,802
Common Stock, $0.01 par value
LUCAS KENAN
10% Owner
Holdings
- 6,802
Common Stock, $0.01 par value
Director Stock Option (Right to Buy)
Exercise: $6.46From: 2016-09-01Exp: 2026-09-01→ Common Stock, $0.01 par value (8,000 underlying)- 987,091
Common Stock, $0.01 par value
Harbert Discovery Fund, LP
10% Owner
Holdings
- 987,091
Common Stock, $0.01 par value
- 6,802
Common Stock, $0.01 par value
Director Stock Option (Right to Buy)
Exercise: $6.46From: 2016-09-01Exp: 2026-09-01→ Common Stock, $0.01 par value (8,000 underlying)
HARBERT DISCOVERY FUND GP, LLC
10% Owner
Holdings
- 987,091
Common Stock, $0.01 par value
- 6,802
Common Stock, $0.01 par value
Director Stock Option (Right to Buy)
Exercise: $6.46From: 2016-09-01Exp: 2026-09-01→ Common Stock, $0.01 par value (8,000 underlying)
HARBERT FUND ADVISORS, INC.
10% Owner
Holdings
- 6,802
Common Stock, $0.01 par value
Director Stock Option (Right to Buy)
Exercise: $6.46From: 2016-09-01Exp: 2026-09-01→ Common Stock, $0.01 par value (8,000 underlying)- 987,091
Common Stock, $0.01 par value
HARBERT RAYMOND J
10% Owner
Holdings
- 987,091
Common Stock, $0.01 par value
Director Stock Option (Right to Buy)
Exercise: $6.46From: 2016-09-01Exp: 2026-09-01→ Common Stock, $0.01 par value (8,000 underlying)- 6,802
Common Stock, $0.01 par value
Footnotes (3)
- [F1]The securities are held in the account of Harbert Discovery Fund, LP (the "Fund") and may be deemed to be beneficially owned by (i) Harbert Discovery Fund GP, LLC (the "Fund GP"), the general partner of the Fund, (ii) Harbert Fund Advisors, Inc., the investment adviser to the Fund, (iii) Harbert Management Corporation ("HMC"), the managing member of the Fund GP, (iv) Jack Bryant, a Senior Advisor of the Fund, and a Vice President and Senior Managing Director of HMC, (v) Kenan Lucas, the Managing Director and Portfolio Manager of the Fund GP and (v) Raymond Harbert, the controlling shareholder, Chairman and Chief Executive Officer of HMC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Jack Bryant received 6,802 shares of Common Stock (the "Reported Shares") in lieu of a portion of his annual Board Compensation pursuant to the Directors Stock Purchase Rights under the 2004 Stock Incentive Plan, an exempt plan. The Reported Shares were assigned to HFA, and are held in an affiliated brokerage account for the benefit of the Fund.
- [F3]On September 1, 2016 Jack Bryant was granted an option to purchase 8,000 shares of common stock of the issuer under the issuer's First Amended and Restated 2004 Stock Incentive Plan. The options have a three-year vesting schedule whereby one-third of the options vested and became exercisable on or after September 1, 2017, one-third of the options vested and became exercisable on or after September 1, 2018, and the final one-third of the options will vest and become exercisable on or after September 1, 2019, subject to accelerated vesting upon the occurrence of certain changes in control of the issuer.
Documents
Issuer
PERCEPTRON INC/MI
CIK 0000887226
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001626127
Filing Metadata
- Form type
- 3
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 2:56 PM ET
- Size
- 16.7 KB