Dan Mosher - Feb 21, 2023 Form 4 Insider Report for Presto Automation Inc. (PRST)

Role
CHIEF REVENUE OFFICER
Signature
/s/ Dan Mosher
Stock symbol
PRST
Transactions as of
Feb 21, 2023
Transactions value $
-$50,138
Form type
4
Date filed
2/23/2023, 07:47 PM
Previous filing
Sep 23, 2022
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRST Common Stock Award $20.5K +9.18K +42.49% $2.23 30.8K Feb 21, 2023 Direct F1
transaction PRST Common Stock Sale -$31.6K -9.18K -29.82% $3.44 21.6K Feb 21, 2023 Direct F2
transaction PRST Common Stock Award $12.5K +5.63K +26.05% $2.23 27.2K Feb 22, 2023 Direct F1
transaction PRST Common Stock Sale -$18.6K -5.63K -20.67% $3.30 21.6K Feb 22, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRST Incentive Stock Option Exercise of in-the-money or at-the-money derivative security -$20.5K -9.18K -1.79% $2.23 504K Feb 21, 2023 Common stock 9.18K $2.23 Direct F1
transaction PRST Incentive Stock Option Exercise of in-the-money or at-the-money derivative security -$12.5K -5.63K -1.12% $2.23 499K Feb 22, 2023 Common stock 5.63K $2.23 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of incentive stock options (ISOs) granted pursuant to the 2018 Equity Incentive Plan. The grant date of the award was April 26, 2021 and the award vests monthly in 1/48 increments over four years with one year cliff vesting.
F2 This transaction was executed in multiple trades at prices ranging from $3.61 to $3.68. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.