Ronald Glibbery - 28 Jul 2022 Form 4 Insider Report for Peraso Inc. (PRSO)

Role
Chief Executive Officer, Director
Signature
/s/ James Sullivan by power of attorney
Issuer symbol
PRSO
Transactions as of
28 Jul 2022
Net transactions value
$0
Form type
4
Filing time
29 Jul 2022, 16:18:39 UTC
Previous filing
19 Apr 2022
Next filing
20 Dec 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 +33,054 33,054 28 Jul 2022 By family members F1, F2
transaction PRSO Common Stock Options Exercise +28,467 28,467 28 Jul 2022 Direct 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 Exchangeable Shares of 2864555 Ontario Inc. Gift $0 -33,054 -77% $0.000000 9,639 28 Jul 2022 Common Stock 33,054 In Trust F2, F4, F5, F6
transaction PRSO Exchangeable Shares of 2864555 Ontario Inc. Gift $0 +33,054 $0.000000 33,054 28 Jul 2022 Common Stock 33,054 By family members F2, F4
transaction PRSO Exchangeable Shares of 2864555 Ontario Inc. Options Exercise $0 -33,054 -100% $0.000000* 0 28 Jul 2022 Common Stock 33,054 By family members F1, F2
transaction PRSO Exchangeable Shares of 2864555 Ontario Inc. Options Exercise $0 -28,467 -98% $0.000000 479 28 Jul 2022 Common Stock 28,467 Direct F2, F3, F8
holding PRSO Exchangeable Shares of 2864555 Ontario Inc. 28,946 28 Jul 2022 Common Stock 28,946 Direct F2, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 28, 2022, 33,054 Exchangeable Shares were exchanged into 33,054 shares of common stock.
F2 Exchangeable Shares are immediately exchangeable for shares of common stock on a 1-to-1 ratio.
F3 On July 28, 2022, 28,467 Exchangeable Shares were exchanged into 28,467 shares of common stock.
F4 This transaction involved a gift of common stock by the reporting person to family members whose holdings may be deemed attributable to the reporting person for the purposes of Section 16.
F5 Consists only of 9,639 Exchangeable Shares of 2864555 Ontario Inc. subject to escrow. Reflects the transfer of 25,553 Exchangeable Shares previously held by a trust, which were registered in the name of the reporting person on July 28, 2022 and are now directly owned by the reporting person.
F6 Shares are held in trust by the reporting person.
F7 Includes 479 Exchangeable Shares of 2864555 Ontario Inc. subject to escrow. Reflects the transfer of 25,553 Exchangeable Shares previously held by a trust, which were registered in the name of the reporting person on July 28, 2022 and are now directly owned by the reporting person.
F8 Consists only of 479 Exchangeable Shares of 2864555 Ontario Inc. subject to escrow