Robert Y. Newell IV - Dec 22, 2021 Form 4 Insider Report for Peraso Inc. (PRSO)

Role
Director
Signature
/s/ James Sullivan, Attorney-in-fact
Stock symbol
PRSO
Transactions as of
Dec 22, 2021
Transactions value $
$100,001
Form type
4
Date filed
12/23/2021, 09:36 AM
Previous filing
Dec 14, 2021
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Award $0 +9.86K +29.88% $0.00 42.9K Dec 22, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRSO Stock Option (right to buy) Award $100K +19.7K $5.07 19.7K Dec 22, 2021 Common Stock 19.7K $5.07 Direct 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 December 22, 2021. Each RSU represents a contingent right to receive one share of the Registrant's common stock once vested. The entire award vests and becomes non-forfeitable on December 22, 2022, or, if earlier, the next annual meeting of stockholders of the Registrant following December 22, 2021.
F2 One-third of the shares subject to the option vests on the first annual anniversary of the grant, and the remaining shares vest quarterly over the subsequent two years.