Sec Form 4 Filing - Moab Capital Partners LLC @ PERCEPTRON INC/MI - 2016-07-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Moab Capital Partners LLC
2. Issuer Name and Ticker or Trading Symbol
PERCEPTRON INC/MI [ PRCP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Footnote 1
(Last) (First) (Middle)
15 EAST 62ND STREET
3. Date of Earliest Transaction (MM/DD/YY)
07/15/2016
(Street)
NEW YORK, NY10065
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value ( 1 ) 07/15/2016 X 13,200 A $ 5 791,762 I By Moab Partners, L.P. ( 2 )
Common Stock, $0.01 par value ( 1 ) 07/15/2016 X 800 A $ 5 53,136 I By Managed Account of Moab Capital Partners, LLC ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Put Option (obligation to buy) ( 1 ) $ 5 07/15/2016 X 13,200 ( 4 ) 07/15/2016 Common Stock, $0.01 par value 13,200 $ 0 0 I By Moab Partners, L.P. ( 2 )
Put Option (obligation to buy) ( 1 ) $ 5 07/15/2016 X 800 ( 4 ) 07/15/2016 Common Stock, $0.01 par value 800 $ 0 0 I By Managed Account of Moab Capital Partners, LLC ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Moab Capital Partners LLC
15 EAST 62ND STREET
NEW YORK, NY10065
X See Footnote 1
Moab Partners LP
15 EAST 62ND STREET
NEW YORK, NY10065
X See Footnote 1
Rothenberg Michael
15 EAST 62ND STREET
NEW YORK, NY10065
X See Footnote 1
Signatures
Moab Partners, L.P., By: Moab Capital Partners, LLC, its Investment Adviser, By: /s/ Michael M. Rothenberg, Managing Director 07/19/2016
Signature of Reporting Person Date
Moab Capital Partners, LLC, By: /s/ Michael M. Rothenberg, Managing Director 07/19/2016
Signature of Reporting Person Date
/s/ Michael M. Rothenberg 07/19/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 is filed jointly by Moab Capital Partners, LLC ("Moab LLC"), Moab Partners, L.P. ("Moab LP") and Michael M. Rothenberg (collectively, the "Reporting Persons"). As of June 28, 2016, each of the Reporting Persons may be deemed to be a member of a Section 13(d) group with each of Harbert Discovery Fund, LP, Harbert Discovery Fund GP, LLC, Harbert Fund Advisors, Inc., Harbert Management Corporation, Jack Bryant, Kenan Lucas, and Raymond Harbert, which collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 2 )Securities owned by Moab LP. Each of Moab LLC, as the investment adviser of Moab LP, and Mr. Rothenberg, as the managing director of Moab LLC, may be deemed to be the beneficial owner of the securities owned by Moab LP.
( 3 )Securities held in an account managed by Moab LLC (the "Managed Account"). Each of Moab LLC, as the investment adviser of the Managed Account, and Mr. Rothenberg, as the managing director of Moab LLC, may be deemed to be the beneficial owner of the securities held in the Managed Account.
( 4 )The put options were exercisable at any time.

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