Brad Lynch - 16 Jun 2023 Form 4 Insider Report for Peraso Inc. (PRSO)

Role
Chief Operating Officer
Signature
/s/ James Sullivan by power of attorney
Issuer symbol
PRSO
Transactions as of
16 Jun 2023
Net transactions value
-$4,468
Form type
4
Filing time
20 Jun 2023, 21:03:21 UTC
Previous filing
20 Dec 2022
Next filing
19 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Tax liability $4,468 -6,692 -7.5% $0.6677 83,002 16 Jun 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units ("RSUs"), which vest as to one-sixth of the shares subject to the RSUs on each semi-annual anniversary of December 17, 2021. Each RSU represents a contingent right to receive one share of the Issuer's common stock once vested.
F2 Represents the number of shares of the Issuer's common stock withheld to satisfy the reporting person's tax obligation in connection with the settlement of shares of common stock underlying the portion of the RSUs that vested on June 16, 2023.