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

Role
Chief Executive Officer, Director
Signature
/s/ James Sullivan by power of attorney
Stock symbol
PRSO
Transactions as of
Jul 28, 2022
Transactions value $
$0
Form type
4
Date filed
7/29/2022, 04:18 PM
Previous filing
Apr 19, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Options Exercise +33.1K 33.1K Jul 28, 2022 By family members F1, F2
transaction PRSO Common Stock Options Exercise +28.5K 28.5K Jul 28, 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 -33.1K -77.42% $0.00 9.64K Jul 28, 2022 Common Stock 33.1K In Trust F2, F4, F5, F6
transaction PRSO Exchangeable Shares of 2864555 Ontario Inc. Gift $0 +33.1K $0.00 33.1K Jul 28, 2022 Common Stock 33.1K By family members F2, F4
transaction PRSO Exchangeable Shares of 2864555 Ontario Inc. Options Exercise $0 -33.1K -100% $0.00* 0 Jul 28, 2022 Common Stock 33.1K By family members F1, F2
transaction PRSO Exchangeable Shares of 2864555 Ontario Inc. Options Exercise $0 -28.5K -98.35% $0.00 479 Jul 28, 2022 Common Stock 28.5K Direct F2, F3, F8
holding PRSO Exchangeable Shares of 2864555 Ontario Inc. 28.9K Jul 28, 2022 Common Stock 28.9K 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