Perceptron, Inc.
|
(Name of Issuer)
|
Common Stock, par value $0.01 per share
|
(Title of Class of Securities)
|
71361F100
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(CUSIP Number)
|
Justin B. Borus
Lazarus Investment Partners LLLP
c/o Lazarus Management Company LLC
3200 Cherry Creek South Drive, Suite 670
Denver, CO 80209
(303) 500-8821
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
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January 30, 2012
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(Date of event which requires filing of this statement)
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CUSIP No. 71361F100
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1
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NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Lazarus Investment Partners LLLP
56-2347695
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
PF, OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
214,721
|
8
|
SHARED VOTING POWER
0
|
|
9
|
SOLE DISPOSITIVE POWER
214,721
|
|
10
|
SHARED DISPOSITIVE POWER
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
214,721
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
|
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 71361F100
|
1
|
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Lazarus Management Company LLC
33-1042318
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
PF, OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
214,721
|
8
|
SHARED VOTING POWER
0
|
|
9
|
SOLE DISPOSITIVE POWER
214,721
|
|
10
|
SHARED DISPOSITIVE POWER
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
214,721
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
|
14
|
TYPE OF REPORTING PERSON
IA
|
CUSIP No. 71361F100
|
1
|
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Justin B. Borus
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
PF, OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
214,721
|
8
|
SHARED VOTING POWER
0
|
|
9
|
SOLE DISPOSITIVE POWER
214,721
|
|
10
|
SHARED DISPOSITIVE POWER
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
214,721
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5%
|
14
|
TYPE OF REPORTING PERSON
IN/HC
|
Date
|
Buy/Sell
|
Number of
Shares
|
Price/Share
|
|
12/15/11
|
SELL
|
100
|
$5.03
|
|
12/21/11
|
SELL
|
2,000
|
$4.86
|
|
12/23/11
|
SELL
|
230
|
$4.82
|
|
12/27/11
|
SELL
|
200
|
$4.78
|
|
12/30/11
|
SELL
|
1,700
|
$4.85
|
|
1/4/12
|
SELL
|
800
|
$4.74
|
|
1/5/12
|
SELL
|
3,300
|
$4.65
|
|
1/9/12
|
SELL
|
8,000
|
$4.60
|
|
1/9/12
|
SELL
|
1,200
|
$4.53
|
|
1/10/12
|
SELL
|
1,200
|
$4.70
|
|
1/11/12
|
SELL
|
1,049
|
$4.60
|
|
1/18/12
|
SELL
|
600
|
$4.76
|
|
1/19/12
|
SELL
|
500
|
$4.60
|
|
1/19/12
|
SELL
|
25,000
|
$4.80
|
|
1/20/12
|
SELL
|
25,000
|
$4.88
|
|
1/23/12
|
SELL
|
10,000
|
$4.99
|
|
1/30/12
|
SELL
|
53,500
|
$5.00
|
|
1/30/12
|
SELL
|
50,000
|
$5.00
|
|
1/31/2012
|
SELL
|
100,000
|
$5.14
|
|
2/1/2012
|
SELL
|
165,000
|
$5.33
|
|
2/3/2012
|
SELL
|
5,000
|
$5.50
|
Exhibit A:
|
|
Joint Filing Agreement, dated as of February 7, 2012, by and among Lazarus Investment Partners LLLP, Lazarus Management Company LLC and Justin B. Borus.
|
LAZARUS INVESTMENT PARTNERS LLLP
By: Lazarus Management Company LLC
its general partner
|
By: /s/ Justin B. Borus
|
Name: Justin B. Borus
Title: Chief Compliance Officer
|
LAZARUS MANAGEMENT COMPANY LLC
|
By: /s/ Justin B. Borus
|
Name: Justin B. Borus
Title: Chief Compliance Officer
|
/s/ Justin B. Borus
|
Justin B. Borus
|
LAZARUS INVESTMENT PARTNERS LLLP
By: Lazarus Management Company LLC
its general partner
|
By: /s/ Justin B. Borus
|
Name: Justin B. Borus
Title: Chief Compliance Officer
|
LAZARUS MANAGEMENT COMPANY LLC
|
By: /s/ Justin B. Borus
|
Name: Justin B. Borus
Title: Chief Compliance Officer
|
/s/ Justin B. Borus
|
Justin B. Borus
|