James Sullivan - 04 Feb 2022 Form 4 Insider Report for Peraso Inc. (PRSO)

Role: Chief Financial Officer
Signature: /s/ James Sullivan
Issuer symbol: PRSO
Transactions as of: 04 Feb 2022
Net transactions value: -$1,453
Form type: 4
Filing time: 08 Feb 2022, 19:31:51 UTC
Previous filing: 09 Aug 2021
Next filing: 19 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRSO	Common Stock	Options Exercise		+1,375	+24%		7,194	04 Feb 2022	Direct	F1
transaction	PRSO	Common Stock	Tax liability	$1,453	-563	-7.8%	$2.58	6,631	04 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 6, 2019, the reporting person was granted 8,250 restricted stock units ("RSUs"), which reflect the impact of a 1-for-20 reverse stock split of Peraso Inc. common stock effected in August 2019. The RSUs vest as to one-sixth of the shares subject to the RSUs on each semi-annual anniversary of February 6, 2019. Amounts shown represent the conversion of the RSUs into common stock on a one-for-one basis upon vesting.

Content

On February 6, 2019, the reporting person was granted 8,250 restricted stock units ("RSUs"), which reflect the impact of a 1-for-20 reverse stock split of Peraso Inc. common stock effected in August 2019. The RSUs vest as to one-sixth of the shares subject to the RSUs on each semi-annual anniversary of February 6, 2019. Amounts shown represent the conversion of the RSUs into common stock on a one-for-one basis upon vesting.