PERCEPTRON INC/MI 4
4 · PERCEPTRON INC/MI · Filed Sep 1, 2011
Insider Transaction Report
Form 4
DECOCCO PHILIP J
Director
Transactions
- Award
Directors Stock Option (right to buy)
2011-09-01+8,000→ 8,000 totalExercise: $6.14Exp: 2021-08-31→ Common Stock (8,000 underlying) - Award
Common Stock
2011-09-01$6.14/sh+1,344$8,252→ 68,104 total
Footnotes (2)
- [F1]On September 1, 2011, the reporting person received 1344 shares in lieu of his Board Compensation pursuant to the Directors Stock Purchase Rights under the 2004 Stock Incentive Plan, an exempt plan.
- [F2]On September 1, 2011, 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 four equal annual installments beginning 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 grant date.