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

Page 6 of 8 – SEC Filing

C. Mr. Rothenberg
(a) Mr. Rothenberg, as the managing member of Moab LLC, may be deemed the beneficial owner of the (i)
659,471 Shares directly owned by Moab LP and (ii) 40,172 Shares held in the Managed Account.

Percentage: Approximately 7.4%

(b) 1. Sole power to vote or direct vote: 699,643
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 699,643
4. Shared power to dispose or direct the disposition: 0
(c)

Mr. Rothenberg
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.

The Reporting Persons,
as members of a “group” for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may
be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons.  Each Reporting Person disclaims
beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.

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