Van Valkenburg Richard 4
4 · PERCEPTRON INC/MI · Filed Oct 4, 2017
Insider Transaction Report
Form 4
Van Valkenburg Richard
V.P Global Sales & Marketing
Transactions
- Award
Common Stock
2017-10-02+4,150→ 11,739 total
Holdings
- 20,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]On October 2, 2017, the reporting person was granted 4,150 restricted stock units under the 2004 Stock Incentive Plan, an exempt plan. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer. Provided the reporting person remains employed with the Issuer on each of the relevant dates, the units will vest as follows: 1,383 units will vest on the first anniversary of the grant date; 1,383 units will vest on the second anniversary of the grant date; 1,384 units 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.