0000919574-20-007644.txt : 20201221
0000919574-20-007644.hdr.sgml : 20201221
20201221172345
ACCESSION NUMBER: 0000919574-20-007644
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201221
FILED AS OF DATE: 20201221
DATE AS OF CHANGE: 20201221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BRYANT JOHN F.
CENTRAL INDEX KEY: 0001642336
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405172
MAIL ADDRESS:
STREET 1: C/O HARBERT MANAGEMENT CORPORATION
STREET 2: 2100 THIRD AVENUE NORTH, SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Harbert Discovery Fund, LP
CENTRAL INDEX KEY: 0001626127
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405173
BUSINESS ADDRESS:
STREET 1: HARBERT DISCOVERY FUND GP, LLC
STREET 2: 2100 THIRD AVENUE NORTH, SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
BUSINESS PHONE: 205-987-5500
MAIL ADDRESS:
STREET 1: HARBERT DISCOVERY FUND GP, LLC
STREET 2: 2100 THIRD AVENUE NORTH, SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
FORMER NAME:
FORMER CONFORMED NAME: HARBERT MICROCAP PARTNERS FUND, LP
DATE OF NAME CHANGE: 20141121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HARBERT DISCOVERY FUND GP, LLC
CENTRAL INDEX KEY: 0001642538
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405174
BUSINESS ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
BUSINESS PHONE: 205-987-5577
MAIL ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
FORMER NAME:
FORMER CONFORMED NAME: HARBERT MICROCAP PARTNERS FUND GP, LLC
DATE OF NAME CHANGE: 20150515
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HARBERT FUND ADVISORS, INC.
CENTRAL INDEX KEY: 0001616659
STATE OF INCORPORATION: AL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405175
BUSINESS ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
BUSINESS PHONE: 205-987-5576
MAIL ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
FORMER NAME:
FORMER CONFORMED NAME: HARBERT FUND ADVISERS, INC.
DATE OF NAME CHANGE: 20140813
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HARBERT MANAGEMENT CORP
CENTRAL INDEX KEY: 0001259933
STATE OF INCORPORATION: AL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405176
BUSINESS ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
BUSINESS PHONE: 205-987-5500
MAIL ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LUCAS KENAN
CENTRAL INDEX KEY: 0001642389
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405177
MAIL ADDRESS:
STREET 1: C/O HARBERT MANAGEMENT CORPORATION
STREET 2: 2100 THIRD AVENUE NORTH, SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HARBERT RAYMOND J
CENTRAL INDEX KEY: 0001233571
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201405178
MAIL ADDRESS:
STREET 1: 2100 THIRD AVENUE NORTH
STREET 2: SUITE 600
CITY: BIRMINGHAM
STATE: AL
ZIP: 35203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PERCEPTRON INC/MI
CENTRAL INDEX KEY: 0000887226
STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827]
IRS NUMBER: 382381442
STATE OF INCORPORATION: MI
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 47827 HALYARD DRIVE
CITY: PLYMOUTH
STATE: MI
ZIP: 48170-2461
BUSINESS PHONE: 734-414-4816
MAIL ADDRESS:
STREET 1: 47827 HALYARD DRIVE
CITY: PLYMOUTH
STATE: MI
ZIP: 48170-2461
4
1
ownership.xml
X0306
4
2020-12-21
1
0000887226
PERCEPTRON INC/MI
PRCP
0001642336
BRYANT JOHN F.
2100 THIRD AVENUE NORTH, SUITE 600
BIRMINGHAM
AL
35203
1
0
1
0
0001626127
Harbert Discovery Fund, LP
2100 THIRD AVENUE NORTH, SUITE 600
BIRMINGHAM
AL
35203
0
0
1
0
0001642538
HARBERT DISCOVERY FUND GP, LLC
2100 THIRD AVENUE NORTH, SUITE 600
BIRMINGHAM
AL
35203
0
0
1
0
0001616659
HARBERT FUND ADVISORS, INC.
2100 THIRD AVENUE NORTH, SUITE 600
BIRMINGHAM
AL
35203
0
0
1
0
0001259933
HARBERT MANAGEMENT CORP
2100 THIRD AVENUE NORTH, SUITE 600
BIRMINGHAM
AL
35203
0
0
1
0
0001642389
LUCAS KENAN
2100 THIRD AVENUE NORTH, SUITE 600
BIRMINGHAM
AL
35203
0
0
1
0
0001233571
HARBERT RAYMOND J
2100 THIRD AVENUE NORTH
SUITE 600
BIRMINGHAM
AL
35203
0
0
1
0
Common Stock, $0.01 par value
2020-12-21
4
D
0
34086
7.00
D
0
I
See footnote
Common Stock, $0.01 par value
2020-12-21
4
D
0
987091
7.00
D
0
I
See footnote
Director Stock Option (Right to Buy)
6.46
2020-12-21
4
D
0
8000
D
Common Stock, $0.01 par value
8000
0
I
See footnote
Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Atlas Copco North America and Odyssey Acquisition Corp. for $7.00 per share in cash on the effective date of the merger.
John F. Bryant ("Mr. Bryant") received these shares in lieu of a portion of his annual Board Compensation pursuant to the Directors Stock Purchase Rights under the 2004 Stock Incentive Plan, an exempt plan. These shares were assigned to Harbert Fund Advisors, Inc. ("HFA"), and are held in an affiliated brokerage account for the benefit of the investors of the Fund.
These shares are held by Harbert Discovery Fund, LP (the "Fund") and may be deemed to be beneficially owned by (i) Harbert Discovery Fund GP, LLC (the "Fund GP"), the general partner of the Fund, (ii) HFA, the investment adviser to the Fund, (iii) Harbert Management Corporation ("HMC"), the managing member of the Fund GP, (iv) Mr. Bryant, a Senior Advisor of the Fund, and a Vice President and Senior Managing Director of HMC, (v) Kenan Lucas, the Managing Director and Portfolio Manager of the Fund GP and (v) Raymond Harbert, the controlling shareholder, Chairman and Chief Executive Officer of HMC. Mr. Bryant resigned as Director of the Issuer upon the effective date of the merger.
These options were disposed of pursuant to the Merger Agreement on the effective date of the merger.
One-third of the options vested and were exercisable beginning on September 1, 2017, one-third of the options vested and were exercisable beginning on September 1, 2018, and the final one-third of the options vested and were exercisable beginning on September 1, 2019. These options were cancelled pursuant to the Merger Agreement and converted into the right to receive an amount in cash equal to (i) the difference between the $7.00 per share merger consideration and the exercise price of such stock options multiplied by (ii) the number of shares subject to such stock options.
The options were exercisable for a period of ten years from September 1, 2016, the date of the initial grant, unless earlier terminated due to the termination of the Mr. Bryant's service as a director of the Issuer.
Mr. Bryant was granted an option to purchase 8,000 shares of Common Stock under the Issuer's 2004 Stock Incentive Plan. These options were assigned to HFA and are held in an affiliated brokerage account for the benefit of the investors of the Fund.
Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
/s/ John F. Bryant
2020-12-21
Harbert Discovery Fund, LP, By: Harbert Discovery Fund GP, LLC, its General Partner, By: Harbert Management Corporation, its Managing Member, By: /s/ John McCullough, Executive Vice President and General Counsel
2020-12-21
Harbert Discovery Fund GP, LLC, By: Harbert Management Corporation, its Managing Member, By: /s/ John McCullough, Executive Vice President and General Counsel
2020-12-21
Harbert Fund Advisors, Inc., By: /s/ John McCullough, Executive Vice President and General Counsel
2020-12-21
Harbert Management Corporation, By: /s/ John McCullough, Executive Vice President and General Counsel
2020-12-21
/s/ Kenan Lucas
2020-12-21
/s/ Raymond Harbert
2020-12-21