Perceptron Inc (PRCP): Moab Capital Hikes Stake, Reaches Out to Company

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Page 7 of 11 SEC Filing
B.
Moab LLC
 
(a)
As of the close of business on March 7, 2016, 30,204 Shares were held in the Managed Account.  Moab LLC, as the investment adviser of Moab LP and the Managed Account, may be deemed the beneficial owner of the (i) 587,666 Shares directly owned by Moab LP and (ii) 30,204 Shares held in the Managed Account.
Percentage: Approximately 6.6%
 
(b)
1. Sole power to vote or direct vote: 617,870
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 617,870
 
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 60 days.  The transactions in the Shares on behalf of Moab LP and the Managed Account during the past 60 days are set forth in Schedule A and are incorporated herein by reference.
C.
Mr. Rothenberg
 
(a)
Mr. Rothenberg, as the managing member of Moab LLC, may be deemed the beneficial owner of the (i) 587,666 Shares directly owned by Moab LP and (ii) 30,204 Shares held in the Managed Account.
Percentage: Approximately 6.6%
 
(b)
1. Sole power to vote or direct vote: 617,870
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 617,870
 
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 60 days. The transactions in the Shares on behalf of Moab LP and the Managed Account during the past 60 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.
 
(d)
No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
 
(e)
Not applicable.

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