Mark Lunsford - 13 Oct 2023 Form 4 Insider Report for Peraso Inc. (PRSO)

Role
Chief Revenue Officer
Signature
/s/ James Sullivan by power of attorney
Issuer symbol
PRSO
Transactions as of
13 Oct 2023
Net transactions value
-$2,321
Form type
4
Filing time
17 Oct 2023, 16:01:22 UTC
Previous filing
26 Oct 2022
Next filing
17 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Tax liability $2,321 -13,256 -12% $0.1751 101,744 13 Oct 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Unit ("RSU") award granted on October 24, 2022. Each RSU represents a contingent right to receive one share of the Company's common stock once vested. The RSUs vest as to one-third of the shares on October 15, 2023 and the remaining two-thirds of the shares underlying the RSUs will vest in semi-annual increments over 24 months from the one-year anniversary of October 15, 2023.
F2 Represents the number of shares of the Company's common stock withheld to satisfy the reporting person's tax obligation in connection with the settlement of shares of common stock underlying the portion of the RSUs that vested on October 13, 2023.