Dan Mosher - Mar 31, 2023 Form 4 Insider Report for Presto Automation Inc. (PRST)

Role
PRESIDENT
Signature
/s/ Dan Mosher
Stock symbol
PRST
Transactions as of
Mar 31, 2023
Transactions value $
-$2,784
Form type
4
Date filed
6/23/2023, 10:27 AM
Previous filing
Feb 23, 2023
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRST Common Stock, $0.0001 par value Tax liability -$2.78K -1.76K -8.16% $1.58 19.8K Mar 31, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 25, 2022, the reporting person was granted 21,598 restricted stock units ("RSUs") that vest in five equal annual installments beginning on March 31, 2023. Each RSU represents the right to receive one share of PRST common stock upon vesting. On March 31, 2023, in an exempt disposition to the issuer under Rule 16b-3(e), the reporting person forfeited 1,762 shares to the issuer to satisfy the reporting person's tax obligations arising out of the vesting of 4,319 RSUs.
F2 Includes 17,279 RSUs following the reported transaction.