Alex Tomkins - 17 Dec 2021 Form 4/A - Amendment Insider Report for Peraso Inc. (PRSO)

Role: Chief Technology Officer
Signature: /s/ James Sullivan, Attorney-in-fact
Issuer symbol: PRSO
Transactions as of: 17 Dec 2021
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 25 Feb 2022, 16:06:04 UTC
Date Of Original Report: 21 Dec 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	Award		+9,127	+124%		16,477	17 Dec 2021	Direct	F1, F2, F3

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		+13,571			13,571	17 Dec 2021	Common Stock	13,571	$1.73	Direct	F1, F4
transaction	PRSO	Stock Option (right to buy)	Award		+13,571			13,571	17 Dec 2021	Common Stock	13,571	$2.59	Direct	F1, F5
transaction	PRSO	Stock Option (right to buy)	Award		+166,656			166,656	17 Dec 2021	Common Stock	166,656	$2.59	Direct	F1, F6
transaction	PRSO	Stock Option (right to buy)	Award		+65,759			65,759	17 Dec 2021	Common Stock	65,759	$2.59	Direct	F1, F6

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

Explanation of Responses:

Id	Content
F1	The reporting person acquired these securities on December 17, 2021, as consideration for the reporting person's securities of Peraso Technologies Inc., which Peraso Inc. (formerly known as MoSys, Inc.) acquired by way of reverse takeover pursuant to the Arrangement Agreement (together with the entirety of ancillary documents thereto - the "Agreement") dated as of September 14, 2021.
F2	The Agreement additionally provides that following the first anniversary of the Effective Time (as defined in the Agreement) the reporting person may receive from escrow up to 1,289 shares of Common Stock, subject to certain terms and conditions, including a requirement as to the volume weighted average price of the Common Stock of Peraso Inc. Such shares are included herein.
F3	This amendment is being filed to correct an inadvertent exclusion of 7,350 shares of common stock of Peraso Inc. that were owned by the reporting person prior to the applicable transaction date.
F4	100% of the Options were fully vested on November 17, 2018.
F5	100% of the Options were fully vested on September 17, 2021.
F6	25% of the Options vest on first anniversary of date of grant, September 17, 2020; and 6.25% of the Options vest on the first day of each calendar quarter following September 17, 2021.