Filing Details

Accession Number:
0001140361-13-043828
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-21 17:05:34
Reporting Period:
2013-11-08
Filing Date:
2013-11-21
Accepted Time:
2013-11-21 17:05:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1003950 Performance Technologies Inc PTIX Computer Communications Equipment (3576) 161158413
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
911092 Quaker Capital Management Corp 601 Technology Drive
Suite 310
Canonsburg PA 15317
No No Yes No
1007179 Quaker Capital Partners I Lp 601 Technology Drive
Suite 310
Canonsburg PA 15317
No No Yes No
1334498 Quaker Capital Partners Ii Lp 601 Technology Drive
Suite 310
Canonsburg PA 15317
No No Yes No
1402184 Quaker Premier, L.p. 601 Technology Drive
Suite 310
Canonsburg PA 15317
No No Yes No
1402185 Quaker Premier Ii, L.p. 601 Technology Drive
Suite 310
Canonsburg PA 15317
No No Yes No
1403701 G Mark Schoeppner 601 Technology Drive
Suite 310
Canonsburg PA 15317
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.01 Par Value Disposition 2013-11-08 31,600 $3.20 1,162,515 No 4 S Indirect Through two partnerships
Common Stock, $.01 Par Value Disposition 2013-11-19 215,100 $2.60 947,415 No 4 S Indirect Through two partnerships
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Through two partnerships
No 4 S Indirect Through two partnerships
Footnotes
  1. The shares of common stock of Performance Technologies, Incorporated reported on this Form 4 are owned of record by Quaker Capital Partners I, L.P. ("Quaker I") and Quaker Capital Partners II, L.P. ("Quaker II"). Quaker Premier, L.P. ("Premier") is the sole general partner of Quaker I. Quaker Premier II, L.P. ("Premier II") is the sole general partner of Quaker II. Quaker Capital Management Corporation ("QCMC") is the sole general partner of each of Premier and Premier II. Mark G. Schoeppner is QCMC's President and sole executive officer and director. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.
  2. 22,800 of these shares of the Issuer's common stock were sold by Quaker I and 8,800 of these shares of the Issuer's common stock were sold by Quaker II.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.00 to $3.28, inclusive. The reporting persons undertake to provide to Performance Technologies, Incorporated, any security holder of Performance Technologies, Incorporated, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (6) to this Form 4.
  4. 838,800 of these shares are owned of record by Quaker I and 323,715 of these shares are owned of record by Quaker II.
  5. 155,200 of these shares of the Issuer's common stock were sold by Quaker I and 59,900 of these shares of the Issuer's common stock were sold by Quaker II.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.49 to $3.3225, inclusive.
  7. 683,600 of these shares are owned of record by Quaker I and 263,815 of these shares are owned of record by Quaker II.