13D Filing: Moab Capital Partners and Perceptron Inc (PRCP)

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Item 5. Interest in Securities of the Issuer.

Items 5(a)-(c) are
hereby amended and restated to read as follows:

The aggregate percentage
of Shares reported owned by each person named herein is based upon 9,486,424 Shares outstanding, as of November 2, 2017, which
is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities
and Exchange Commission on November 6, 2017.

A. Moab LP
(a) As of the close of business on December 19, 2017, Moab LP directly owned 777,573 Shares.

Percentage: Approximately 8.2%

(b) 1. Sole power to vote or direct vote: 777,573
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 777,573
4. Shared power to dispose or direct the disposition: 0
(c) The transactions in the Shares by Moab LP during the past sixty days are set forth in Schedule
A and are incorporated herein by reference.
B. Moab LLC
(a) Moab LLC, as the investment adviser of Moab LP, may be deemed the beneficial owner of the 777,573
Shares directly owned by Moab LP.

Percentage: Approximately 8.2%

(b) 1. Sole power to vote or direct vote: 777,573
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 777,573
4. Shared power to dispose or direct the disposition: 0
(c) Moab LLC has not entered into any transactions in the Shares during the past sixty days. The transactions
in the Shares on behalf of Moab LP during the past sixty days are set forth in Schedule A and are incorporated herein by reference.
C. MPI
(a) As of the close of business on December 19, 2017, 40,328 Shares were held in the Managed Account.
MPI, as the investment adviser to the Managed Account, may be deemed the beneficial owner of the 40,328 Shares held in the Managed
Account.

Percentage: Less than 1%

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