X0303 4 2010-06-01 0 0000887226 PERCEPTRON INC/MI PRCP 0001222276 MARZ W RICHARD 47827 HALYARD DRIVE PLYMOUTH MI 48170 1 0 0 0 Common Stock 2010-06-01 4 A 0 1421 4.4 A 46016 D Common Stock 2010-06-02 4 M 0 15000 3.59 A 61016 D Common Stock 2010-06-02 4 F 0 12238 4.4 D 48778 D Directors Stock Option (right to buy) 3.59 2010-06-02 4 M 0 15000 0 D 2010-07-31 Common Stock 15000 0 D On June 1, 2010, the reporting person received 1,421 shares in lieu of a portion of his Board Compensation pursuant to the Directors Stock Purchase Rights under the 2004 Stock Incentive Plan, an exempt plan. On June 2, 2010, the reporting person exercised his option to purchase 15,000 shares of Common Stock (the 'Option') by way of the retention of options procedure whereby the purchase price for shares of Common Stock to be acquired upon exercise of the Option was paid in full at the time of exercise through the retention by Perceptron, Inc. (the 'Issuer') of options (the 'retained options') with a value equal to the option price of the shares purchased pursuant to the exercise of the Option, with the value of the retained options equal to the difference between the Fair Market Value of the shares of Common Stock underlying the retained options (determined as of the date of exercise of the Option) and the exercise price of such Option (the 'retention of options' procedure). As a result, the Issuer retained 12,238 Options under the retention of options procedure and such retained options expired and will be of no further force and effect as of the date retained. On August 1, 2000, the reporting person was granted an option to purchase 15,000 shares of Common Stock under the Directors Stock Option Plan, an exempt plan. The shares were exercisable on August 1, 2001. Sylvia M Smith on behalf of W Richard Marz 2010-06-03