Ronald Glibbery - Jun 17, 2024 Form 4 Insider Report for Peraso Inc. (PRSO)

Role: Chief Executive Officer, Director
Signature: /s/ James Sullivan by power of attorney
Stock symbol: PRSO
Transactions as of: Jun 17, 2024
Transactions value $: -$673
Form type: 4
Date filed: 6/20/2024, 08:00 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	Tax liability	-$673	-446	-10.19%	$1.51	3.93K	Jun 17, 2024	Direct	F1, F2
holding	PRSO	Common Stock						826	Jun 17, 2024	By family members

* 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.

Content

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.

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.