X0306 4 2016-04-26 0000906193 KEY TECHNOLOGY INC KTEC 0001472885 PVAM Perlus Microcap Fund, L.P. FIFTH FLOOR, 37 ESPLANADE ST. HELIER CHANNEL ISLANDS Y9 JE1 2TR JERSEY 0 0 1 0 0001620047 PVAM HOLDINGS LTD. 5TH FLOOR 6 ST. ANDREW STREET LONDON X0 EC4A 3AE UNITED KINGDOM 0 0 1 0 0001601068 PACIFIC VIEW ASSET MANAGEMENT (UK) LLP 5TH FLOOR 6 ST. ANDREW STREET LONDON X0 EC4A 3AE UNITED KINGDOM 0 0 1 0 Common Shares 696223 D Common Shares 2016-04-26 4 P 0 1336 8.05 A 697559 D PVAM Perlus Microcap Fund L.P. (formerly The Perlus Microcap Fund L.P.) is the beneficial owner of the shares of common stock of Key Technology, Inc. (the "Shares"). The Shares are held in the account of PVAM Perlus Microcap Fund L.P., the investments of which are managed by Pacific View Asset Management (UK) LLP (formerly Perlus Investment Management LLP) of which PVAM Holdings Ltd. ("PVAM") is the managing member. Pacific View Asset Management (UK) LLP ("PVAM LLP") exercises voting power and shares dispositive control over the Shares and PVAM shares indirect voting and dispositive power over the Shares. Each of PVAM and PVAM LLP disclaims beneficial ownership of the Shares, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that either PVAM or PVAM LLP is a beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose. /s/ Brian Endres 2016-04-28