Cleveland Avenue Food & Beverage Fund II, LP - May 24, 2023 Form 4 Insider Report for Presto Automation Inc. (PRST)

Role
10%+ Owner
Signature
/s/ Joseph McCoy, Chief Operating Officer and General Counsel of Cleveland Avenue, LLC
Stock symbol
PRST
Transactions as of
May 24, 2023
Transactions value $
$3,000,000
Form type
4
Date filed
10/26/2023, 09:35 PM
Previous filing
Oct 26, 2023
Next filing
Oct 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRST Common Stock Purchase $3M +1.5M +21.43% $2.00 8.5M May 24, 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent shares received in connection with a PIPE investment in the issuer.
F2 Shares are held of record by Presto CA LLC ("Presto CA"). The reporting person is the sole member of Presto CA. Cleveland Avenue GP II, LLC ("Cleveland Avenue GP II") is the general partner of the reporting person. Cleveland Avenue, LLC ("CA LLC") is the sole member of Cleveland Avenue GP II. Donald Thompson is the sole manager of CA LLC. Mr. Thompson disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.