UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Perceptron, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
71361F100
(CUSIP Number)
December 31, 1999
(Date of Event which requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 or the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
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CUSIP No. 71361F100
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Schwartz Investment Counsel, Inc. ("SICI"), FEIN 38-2325495
and Schwartz Investment Trust ("SIT"), on behalf of its series
Fund, Schwartz Value Fund, FEIN 31-6456713
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
SICI - Michigan
SIT - Ohio
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5. SOLE VOTING POWER
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY ---------------------------------------------------
EACH 6. SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------
7. SOLE DISPOSITIVE POWER
----------------------------------------------------
8. SHARED DISPOSITIVE POWER
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUES CERTAIN SHARES [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 5% (closing filing)
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12. TYPE OF REPORTING PERSON
SICI - IA
SIT - IV
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Item 1.
(a) Name of Issuer
Perceptron, Inc.
(b) Address of Issuer's Principal Executive Offices
47827 Halyard Dr.
Plymouth, MI 48170-2461
Item 2.
(a) Name of Person Filing
Schwartz Investment Counsel, Inc. ("SICI") and
Schwartz Investment Trust ("SIT")
(b) Address of Principal Business Office or, if none, Residence
3707 W. Maple Rd.
Bloomfield Hills, MI 48301
(c) Citizenship: SICI-MI, SIT-OH
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 71361F100
Item 3. If this statement is filed pursuant to (s)240.13d-1(b), or
(s)240.13d-2(b), or (c), check whether the person filing is a:
(d) [X] Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E).
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Item 4. Ownership
Less than 5% (closing filing)
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of not more
than five percent of the class of securities, check the following [X].
Item 6. Ownership of More than Five Percent on Behalf of
Another Person
N/A
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on
By the Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
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Item 10. Certification
(a) The following certification shall be included if the
statement is filed pursuant to 240.13d-1(b):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
February 18, 2000 February 18, 2000
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Date Date
/s/ George P. Schwartz /s/ George P. Schwartz
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Signature Signature
George P. Schwartz, CFA, President George P. Schwartz, CFA, President
Schwartz Investment Counsel, Inc. Schwartz Investment Trust
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Name/Title Name/Title
