MARK LUNSFORD - 24 Oct 2022 Form 4 Insider Report for Peraso Inc. (PRSO)

Signature
/s/ James Sullivan by power of attorney
Issuer symbol
PRSO
Transactions as of
24 Oct 2022
Net transactions value
$0
Form type
4
Filing time
26 Oct 2022, 18:31:26 UTC
Next filing
17 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Restricted Stock Units Award +115,000 115,000 24 Oct 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Unit ("RSU") award granted on October 24, 2022. Each RSU represents a contingent right to receive one share of the Company's common stock once vested. The RSUs vest as to one-third of the shares on October 15, 2023 and the remaining two-thirds of the shares underlying the RSUs will vest in semi-annual increments over 24 months from the one-year anniversary of October 15, 2023.