Jonas Grossman - 21 Sep 2022 Form 4 Insider Report for Presto Automation Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Sep 2022, 20:45:23 UTC
Prior SEC filing
27 May 2022
Next SEC filing
04 Oct 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonas Grossman

Key filing fact

Jonas Grossman filed Form 4 for Presto Automation Inc. on 23 Sep 2022.

Key facts

  • This page summarizes Jonas Grossman's Form 4 filing for Presto Automation Inc..
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 23 Sep 2022, 20:45.

Change

  • Previous filing in this sequence was filed on 27 May 2022.
  • Current net transaction value: -$2,218.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRST transaction

Common Stock

Sale

Transaction value
$2,218
Shares
-369,703
Change %
-25%
Price
$0.006000*
Shares after
1,123,922
Date
21 Sep 2022
Ownership
See Footnote
Footnotes
F1
PRST transaction

Common Stock

Award

Transaction value
$0
Shares
+350,000
Change %
Price
$0.000000
Shares after
350,000
Date
21 Sep 2022
Ownership
See Footnote
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PRST transaction Derivative

Warrants to Purchase Common Stock

Other

Transaction value
Shares
-166,650
Change %
-7.5%
Price
Shares after
2,058,350
Date
21 Sep 2022
Ownership
See Footnote
Underlying class
Common Stock
Underlying amount
166,650
Exercise price
$11.50
Footnotes
F1, F4
PRST transaction Derivative

Warrants to Purchase Common Stock

Other

Transaction value
Shares
-183,315
Change %
-8.9%
Price
Shares after
1,875,035
Date
21 Sep 2022
Ownership
See Footnote
Underlying class
Common Stock
Underlying amount
183,315
Exercise price
$11.50
Footnotes
F1, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jonas Grossman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Represent securities held directly by Chardan International Investments, LLC, for which Jonas Grossman is the managing member.

Footnote F2

Represent shares received in connection with the closing of the Business Combination on September 21, 2022 (as defined in the Agreement and Plan of Merger, dated as of November 10, 2021, as further amended, by and among Ventoux CCM Acquisition Corp., a Delaware corporation ("VTAQ"), Ventoux Merger Sub I Inc., a Delaware corporation and a direct, wholly-owned subsidiary of VTAQ, Ventoux Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of VTAQ, and E La Carte, Inc., a Delaware corporation (d/b/a Presto, Inc.)), in satisfaction of certain underwriting fees owed to Chardan Capital Markets LLC.

Footnote F3

Represent securities held directly by Chardan Capital Markets LLC, for which Jonas Grossman is the managing member.

Footnote F4

Represent warrants transferred for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.

Footnote F5

Represent warrants cancelled for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.

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