0001562180-20-007387.txt : 20201221
0001562180-20-007387.hdr.sgml : 20201221
20201221122212
ACCESSION NUMBER: 0001562180-20-007387
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: Van Valkenburg Richard
CENTRAL INDEX KEY: 0001715675
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20206
FILM NUMBER: 201403263
MAIL ADDRESS:
STREET 1: 47827 HALYARD
CITY: PLYMOUTH
STATE: MI
ZIP: 48170
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
primarydocument.xml
PRIMARY DOCUMENT
X0306
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2020-12-21
true
0000887226
PERCEPTRON INC/MI
PRCP
0001715675
Van Valkenburg Richard
47827 HALYARD DRIVE
PLYMOUTH
MI
48170
false
true
false
false
V.P Global Sales & Marketing
Common Stock
2020-12-21
4
D
false
19007.00
7.00
D
19007.00
D
Common Stock
2020-12-21
4
A
false
6557.00
0.00
A
6557.00
D
Common Stock
2020-12-21
4
D
false
6557.00
7.00
D
0.00
D
Common Stock
2020-12-21
4
D
false
25000.00
7.00
D
0.00
I
By Spouse
Employee Stock Option (right to buy)
10.55
2020-12-21
4
D
false
1000.00
D
2023-09-03
Common Stock
1000.00
0.00
D
Employee Stock Option (right to buy)
6.72
2020-12-21
4
D
false
20000.00
D
2027-01-03
Common Stock
20000.00
0.00
D
Employee Stock Option (right to buy)
5.70
2020-12-21
4
D
false
375.00
D
2022-09-04
Common Stock
375.00
0.00
D
Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Atlas Copco North America LLC and Odyssey Acquisition Corp. for $7.00 per share in cash on the effective date of the merger.
Includes 1,156 shares acquired under the Company's Employee Stock Purchase Plan since the reporting person's last report was filed.
Performance share unit awards that were granted in 2018 and 2019. Pursuant to the Merger Agreement, the performance share unit awards were accelerated and deemed earned at target for each performance period.
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.
This option, which provided for vesting in four equal annual installments beginning September 3, 2014, was cancelled pursuant to the Merger Agreement without payment of any consideration because the exercise price was greater than the $7.00 per share merger consideration.
This option, which provided for vesting in three equal annual installments beginning January 3, 2018, was 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 option multiplied by (ii) the number of shares subject to such stock option.
This option, which provided for vesting in four equal annual installments beginning September 4, 2013, was 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 option multiplied by (ii) the number of shares subject to such stock option.
/s/Bill Roeschlein on behalf of Richard Van Valkenburg
2020-12-21