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

Role
Chief Technology Officer
Signature
/s/ James Sullivan, Attorney-in-fact
Stock symbol
PRSO
Transactions as of
Dec 17, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
2/25/2022, 04:06 PM
Date Of Original Report
Dec 21, 2021
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Award +9.13K +124.18% 16.5K Dec 17, 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 +13.6K 13.6K Dec 17, 2021 Common Stock 13.6K $1.73 Direct F1, F4
transaction PRSO Stock Option (right to buy) Award +13.6K 13.6K Dec 17, 2021 Common Stock 13.6K $2.59 Direct F1, F5
transaction PRSO Stock Option (right to buy) Award +167K 167K Dec 17, 2021 Common Stock 167K $2.59 Direct F1, F6
transaction PRSO Stock Option (right to buy) Award +65.8K 65.8K Dec 17, 2021 Common Stock 65.8K $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.