Van Valkenburg Richard 4
4 · PERCEPTRON INC/MI · Filed Sep 11, 2017
Insider Transaction Report
Form 4
Van Valkenburg Richard
V.P Global Sales & Marketing
Transactions
- Award
Common Stock
2017-09-07$7.34/sh+5,826$42,763→ 7,589 total
Holdings
- 20,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]On September 7, 2017, the reporting person was granted 5,826 shares of Common Stock as a restricted stock award under the 2004 Stock Incentive Plan, an exempt plan. 1,457 shares will vest on grant date. Provided the reporting person remains employed with the Issuer on each of the relevant dates, the remaining shares will vest as follows: 1,457 shares will vest on the first anniversary of the grant date; 1,456 shares will vest on the second anniversary of the grant date; 1,456 shares will vest on the third anniversary of the grant date.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.