Alex Tomkins - Jun 14, 2024 Form 4 Insider Report for Peraso Inc. (PRSO)

Signature
/s/ James Sullivan by power of attorney
Stock symbol
PRSO
Transactions as of
Jun 14, 2024
Transactions value $
$7,077
Form type
4
Date filed
6/20/2024, 04:05 PM
Previous filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRSO Common Stock Purchase $1.98K +1.3K +80.3% $1.52 2.92K Jun 14, 2024 Direct
transaction PRSO Common Stock Purchase $5.36K +3.5K +119.9% $1.53 6.42K Jun 14, 2024 Direct
transaction PRSO Common Stock Tax liability -$254 -168 -2.62% $1.51 6.25K Jun 17, 2024 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") granted to the reporting person on April 15, 2022, reflecting the impact of a 1-for-40 reverse stock split of the Issuer's common stock effected on January 2, 2024, that vest as to one-sixth of the shares of common stock 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 17, 2024 based on the closing price of the Issuer's common stock as reported on the Nasdaq Capital Market on June 17, 2024 of $1.51.