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

C.

Moab GP

(a)

Moab GP, as the general partner of Moab LP, may be deemed the beneficial owner of the 883,298 Shares directly owned by Moab LP.

Percentage: Approximately 9.2%

(b)

1. Sole power to vote or direct vote: 883,298 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 883,298 4. Shared power to dispose or direct the disposition: 0

(c)

Moab GP 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.

D.

MPI

(a)

As of the close of business on March 30, 2018, 39,292 Shares were held in the Managed Account. MPI, as the investment adviser to the Managed Account, may be deemed the beneficial owner of the 39,292 Shares held in the Managed Account.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 39,292 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 39,292 4. Shared power to dispose or direct the disposition: 0

(c)

MPI has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of the Managed Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

E.

MPI GP

(a)

MPI GP, as the general partner of MPI, may be deemed the beneficial owner of the 39,292 Shares held in the Managed Account.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 39,292 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 39,292 4. Shared power to dispose or direct the disposition: 0

(c)

MPI GP has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of the Managed Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.