Neely Rick 4
4 · PERCEPTRON INC/MI · Filed Dec 21, 2020
Insider Transaction Report
Form 4
Neely Rick
Director
Transactions
- Disposition to Issuer
Common Stock
2020-12-21$7.00/sh−15,182$106,274→ 0 total - Disposition to Issuer
Directors Stock Option (right to buy)
2020-12-21−8,000→ 0 totalExercise: $14.01Exp: 2024-02-03→ Common Stock (8,000 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2020-12-21−9,570→ 0 totalExercise: $7.78Exp: 2025-12-01→ Common Stock (9,570 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Atlas Copco North America LLC and Odyssey Acquisition Corp. for $7.00 per share in cash on the effective date of the merger.
- [F2]This option, which provided for vesting in three equal annual installments beginning December 1, 2016, was cancelled pursuant to the Merger Agreement without payment of any consideration because the exercise price was greater than the $7.00 per share merger consideration.
- [F3]This option, which provided for vesting in four equal annual installments beginning February 3, 2015, was cancelled pursuant to the Merger Agreement without payment of any consideration because the exercise price was greater than the $7.00 per share merger consideration.