8-K 1 pp7118.txt FORM 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): September 7, 2006 PPT VISION, INC. ------------------------------------------------------ (Exact name of Registrant as specified in its charter) Minnesota 0-11518 41-1413345 ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 12988 Valley View Road Eden Prairie, Minnesota 55344 ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (952) 996-9500 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ================================================================================ Items 1, 4-8 are not applicable and therefore omitted. ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES On September 7, 2006, PPT Vision, Inc. issued 725,000 shares of its common stock at a price of $.40 per share to P.R. Peterson, a director of the Company. Mr. Peterson purchased the share through the P.R. Peterson Keogh Plan. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933. The Company intends to use the proceeds for working capital. As a result of the issuance, Mr. Peterson's ownership, including shares held by ESI Investment Co. and the P.R. Peterson Keogh Plan, increased from 2,019,456 share to 2,744,456 shares. PPT Vision, Inc. has 4,532,845 shares outstanding after issuance of the shares. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS The following are filed as Exhibits to this Report: Exhibit No. Description of Exhibit ----------- -------------------------------------- 99.1 Press release issued September 8, 2006 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. PPT VISION, INC. By /s/ Joseph C. Christenson -------------------------------- Joseph C. Christenson, President Chief Executive Officer and Chief Financial Officer Dated: September 8, 2006