4//SEC Filing
Watza David Lawrence 4
Accession 0001631148-17-000041
CIK 0000887226other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 3:50 PM ET
Size
7.6 KB
Accession
0001631148-17-000041
Insider Transaction Report
Form 4
Watza David Lawrence
Sr. VP & CFO
Transactions
- Award
Common Stock
2017-10-02+8,200→ 22,892 total - Award
Employee Stock Option (right to buy)
2017-10-02+100,000→ 100,000 totalExercise: $7.95Exp: 2027-10-02→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]On October 2, 2017, the reporting person was granted 8,200 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: 2,733 units will vest on the first anniversary of the grant date; 2,733 units will vest on the second anniversary of the grant date; 2,734 units
- [F2]On October 2, 2017, the reporting person was granted an option to purchase 100,000 shares of Common Stock under the 2004 Stock Incentive Plan, an exempt plan. The shares are exercisable in three equal annual installments beginning October 2, 2018 at the exercise price equal to the fair market value of the Company's Common Stock as of October 2, 2017, expiring ten years from the grant date.
Documents
Issuer
PERCEPTRON INC/MI
CIK 0000887226
Entity typeother
Related Parties
1- filerCIK 0001655189
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 3:50 PM ET
- Size
- 7.6 KB