================================================================================
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