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

Role
Chief Revenue Officer
Signature
/s/ James Sullivan by power of attorney
Stock symbol
PRSO
Transactions as of
Oct 13, 2023
Transactions value $
-$2,321
Form type
4
Date filed
10/17/2023, 04:01 PM
Previous filing
Oct 26, 2022
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Tax liability -$2.32K -13.3K -11.53% $0.18 102K Oct 13, 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.