Chardan International Investments, LLC - Sep 21, 2022 Form 4 Insider Report for Presto Automation Inc. (PRST)

Role
10%+ Owner
Signature
/s/ Jonas Grossman, Managing Member
Stock symbol
PRST
Transactions as of
Sep 21, 2022
Transactions value $
-$2,218
Form type
4
Date filed
9/23/2022, 08:42 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRST Common Stock Sale -$2.22K -370K -24.75% $0.01* 1.12M Sep 21, 2022 Direct

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 PRST Warrants to Purchase Common Stock Other -167K -7.49% 2.06M Sep 21, 2022 Common Stock 167K $11.50 Direct F1
transaction PRST Warrants to Purchase Common Stock Other -183K -8.91% 1.88M Sep 21, 2022 Common Stock 183K $11.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Chardan International Investments, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represent warrants transferred for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022 (as defined in the Agreement and Plan of Merger, dated as of November 10, 2021, as further amended, by and among Ventoux CCM Acquisition Corp., a Delaware corporation ("VTAQ"), Ventoux Merger Sub I Inc., a Delaware corporation and a direct, wholly-owned subsidiary of VTAQ, Ventoux Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of VTAQ, and E La Carte, Inc., a Delaware corporation (d/b/a Presto, Inc.)).
F2 Represent warrants cancelled for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.