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<P style="MARGIN-TOP: 4px; MARGIN-BOTTOM: 0px" align=center><FONT style="FONT-FAMILY: Times New Roman" size=5><B>UNITED STATES </B></FONT></P>

<P STYLE="margin-top: 4px; margin-bottom: 0px; text-align: center"><FONT STYLE="font: large Times New Roman"><B>SECURITIES AND
EXCHANGE COMMISSION </B></FONT></P>

<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align=center><FONT style="FONT-FAMILY: Times New Roman" size=3><B>Washington, D.C. 20549 </B></FONT></P>

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<P style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align=center><FONT style="FONT-FAMILY: Times New Roman" size=5><B>FORM 8-K </B></FONT></P>

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<P style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align=center><FONT style="FONT-FAMILY: Times New Roman" size=4><B>CURRENT REPORT </B></FONT></P>

<P style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align=center><FONT style="FONT-FAMILY: times new roman"><B><FONT style="FONT-SIZE: 11pt">Pursuant to Section&nbsp;13 or 15(d) of </FONT></B></FONT></P>

<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align=center><FONT STYLE="font: 11pt times new roman"><B>The Securities Exchange
Act of 1934 </B></FONT></P>

<P style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align=center><FONT STYLE="font: 11pt times new roman"><B>Date of Report (Date
of earliest event reported): January 24, 2013</B></FONT></P>

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   <IMG BORDER="0" ALIGN="RIGHT" SRC="ptlogo.gif"></TD>

   <TD STYLE="width: 60%"><FONT style="FONT-SIZE: 22pt"><STRONG><FONT style="FONT-FAMILY: arial; FONT-SIZE: 16pt">Performance Technologies,</FONT></STRONG><FONT style="FONT-FAMILY: arial; FONT-SIZE: 16pt"> </FONT></FONT></TD></TR>

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   <TD><FONT STYLE="font: 16pt arial"><B>Incorporated</B></FONT></TD></TR></TABLE>
<P style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align=center><FONT STYLE="font: xx-small times new roman">(Exact name of registrant as specified in its charter)</FONT></P>

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   <TD width="34%"></TD>

   <TD vAlign=bottom width="1%"></TD>

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   <TD vAlign=top align=center><FONT style="FONT-FAMILY: Times New Roman" size=2><B>Delaware</B></FONT></TD>

   <TD vAlign=bottom><FONT STYLE="font-size: xx-small"><B>&nbsp;</B></FONT></TD>

   <TD vAlign=bottom align=center><FONT STYLE="font: x-small Times New Roman"><B>0-27460</B></FONT></TD>

   <TD vAlign=bottom><FONT STYLE="font-size: xx-small"><B>&nbsp;</B></FONT></TD>

   <TD vAlign=bottom align=center><FONT STYLE="font: x-small Times New Roman"><B>16-1158413</B></FONT></TD></TR>

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   <TD vAlign=top align=center><P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align=center><FONT STYLE="font: xx-small Times New Roman">(State
                               or other jurisdiction</FONT></P>

   <P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align=center><FONT STYLE="font: xx-small Times New Roman">of incorporation)</FONT></P></TD>

   <TD vAlign=bottom><FONT STYLE="font-size: xx-small"><B>&nbsp;</B></FONT></TD>

   <TD vAlign=top align=center><FONT STYLE="font: xx-small Times New Roman">(Commission File Number)</FONT></TD>

   <TD vAlign=bottom><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=bottom align=center>

   <P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align=center><FONT STYLE="font: xx-small Times New Roman">(I.R.S. Employer</FONT></P>

   <P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align=center><FONT STYLE="font: xx-small Times New Roman">Identification No.)</FONT></P></TD></TR>

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   <TD vAlign=top colSpan=3 align=center><FONT style="FONT-FAMILY: Times New Roman" size=2><B>140 Canal View Boulevard&nbsp;&nbsp; Rochester, New York</B></FONT></TD>

   <TD vAlign=bottom><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=bottom align=center><FONT style="FONT-FAMILY: Times New Roman" size=2><B>14623</B></FONT></TD></TR>

<TR>

   <TD vAlign=top colSpan=3 align=center><FONT STYLE="font: xx-small Times New Roman">(Address of&nbsp;principal&nbsp;executive
   offices)</FONT></TD>

   <TD vAlign=bottom><FONT STYLE="font-size: xx-small"><B>&nbsp;</B></FONT></TD>

   <TD vAlign=bottom align=center><FONT STYLE="font: xx-small Times New Roman"><B>(Zip Code)</B></FONT></TD></TR>                                                                                                                      <TR>
   <TD COLSPAN="3" STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
   <TD STYLE="vertical-align: bottom">&nbsp;</TD>
   <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR>
   <TD COLSPAN="5" STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: x-small">&nbsp;</FONT><FONT STYLE="font-size: xx-small">Registrant&#8217;s
   telephone number, including area code:</FONT><FONT STYLE="font-size: x-small"><B> (585)&nbsp;256-0200</B></FONT></TD></TR>
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   <TD COLSPAN="5" STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
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<P style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><FONT style="FONT-FAMILY: Times New Roman" size=2>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: </FONT></P>

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   <TD vAlign=top width="4%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2><FONT style="FONT-FAMILY: WINGDINGS">&#168;</FONT></FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE>

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<TR>

   <TD vAlign=top width="4%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2><FONT style="FONT-FAMILY: WINGDINGS">&#168;</FONT></FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE>

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<TR>

   <TD vAlign=top width="4%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2><FONT style="FONT-FAMILY: WINGDINGS">&#168;</FONT></FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE>

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<TR>

   <TD vAlign=top width="4%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2><FONT style="FONT-FAMILY: WINGDINGS">&#168;</FONT></FONT></TD>

   <TD vAlign=top align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0">On January 24, 2013, the Compensation Committee (the &ldquo;Committee&rdquo;)
of Performance Technologies, Inc. (the &ldquo;Registrant&rdquo;) approved grants of time-vested non-qualified
stock options to the Registrant&rsquo;s executive officers. The officers identified in the table below were granted options to
purchase the following number of shares under the Registrant&rsquo;s 2003 Omnibus Incentive Plan:</P>

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    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 26%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 1pt solid">Named Executive Officer</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 22%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Number of Shares</TD>
    <TD STYLE="width: 18%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">John M. Slusser</TD>
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">100,000</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Dorrance W. Lamb</TD>
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">60,000</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">John J. Grana</TD>
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">60,000</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt">J. Patrick Rice</TD>
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">40,000</TD>
    <TD>&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
options were granted at an exercise price as of the market close on January 24, 2013, which was $.90, and will vest according
to the following schedule: 50% will vest in the first year at the rate of 1/12 per month (4.167% per month); 25% will vest in
the second year at the rate of 1/12 per month (2.083% per month); and 25% will vest in the third year at the rate of 1/12 per
month (2.083% per month). All of the options expire five years from the date of grant and contain change-in-control/acceleration
provisions. The form of the stock option agreement will be filed as an exhibit to the Registrant&rsquo;s annual report on Form
10-K</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in">&nbsp;</P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-indent: 0in"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-indent: 0in">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 hereunto duly authorized.</P>

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<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 61%; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold">PERFORMANCE TECHNOLOGIES, INCORPORATED</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>January 29, 2013</TD>
    <TD>&nbsp;</TD>
    <TD>By</TD>
    <TD STYLE="border-bottom: windowtext 1pt solid; padding-bottom: 3pt">/s/ John M. Slusser</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">John M. Slusser</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">President and Chief Executive Officer</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%">January 29, 2013</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 3%">By</TD>
    <TD STYLE="width: 61%; border-bottom: windowtext 1pt solid">/s/ Dorrance W. Lamb</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dorrance W. Lamb</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Senior Vice President and Chief Financial Officer</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-indent: 0.5in">&nbsp;</P>

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{"company-data": {"conformed-name": "PERFORMANCE TECHNOLOGIES INC \\DE\\", "cik": "0001003950", "assigned-sic": "3576", "irs-number": "161158413", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27460", "film-number": "13553956"}, "business-address": {"street1": "140 CANAL VIEW BOULEVARD", "city": "ROCHESTER", "state": "NY", "zip": "14623", "phone": "5852560200"}, "mail-address": {"street1": "140 CANAL VIEW BOULEVARD", "city": "ROCHESTER", "state": "NY", "zip": "14623"}}
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): January 24, 2013
Performance Technologies,
Incorporated
(Exact name of registrant as specified in its charter)
Delaware
0-27460
16-1158413
(State
                               or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
140 Canal View Boulevard   Rochester, New York
14623
(Address of principal executive
   offices)
(Zip Code)
Registrant's
   telephone number, including area code:
(585) 256-0200
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:
¨
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))
Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 24, 2013, the Compensation Committee (the "Committee")
of Performance Technologies, Inc. (the "Registrant") approved grants of time-vested non-qualified
stock options to the Registrant's executive officers. The officers identified in the table below were granted options to
purchase the following number of shares under the Registrant's 2003 Omnibus Incentive Plan:
Named Executive Officer
Number of Shares
John M. Slusser
100,000
Dorrance W. Lamb
60,000
John J. Grana
60,000
J. Patrick Rice
40,000
The
options were granted at an exercise price as of the market close on January 24, 2013, which was $.90, and will vest according
to the following schedule: 50% will vest in the first year at the rate of 1/12 per month (4.167% per month); 25% will vest in
the second year at the rate of 1/12 per month (2.083% per month); and 25% will vest in the third year at the rate of 1/12 per
month (2.083% per month). All of the options expire five years from the date of grant and contain change-in-control/acceleration
provisions. The form of the stock option agreement will be filed as an exhibit to the Registrant's annual report on Form
10-K
.
SIGNATURES
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 hereunto duly authorized.
PERFORMANCE TECHNOLOGIES, INCORPORATED
January 29, 2013
By
/s/ John M. Slusser
John M. Slusser
President and Chief Executive Officer
January 29, 2013
By
/s/ Dorrance W. Lamb
Dorrance W. Lamb
Senior Vice President and Chief Financial Officer