Stanley Mbugua - 25 Apr 2024 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
29 May 2024, 17:10:53 UTC
Prior SEC filing
24 Oct 2023
Next SEC filing
12 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Susan Shinoff, Attorney-in-Fact

Key filing fact

Stanley Mbugua filed Form 4 for Presto Automation Inc. on 29 May 2024.

Key facts

  • This page summarizes Stanley Mbugua's Form 4 filing for Presto Automation Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 29 May 2024, 17:10.

Change

  • Previous filing in this sequence was filed on 24 Oct 2023.
  • Current net transaction value: -$6,434.

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, $0.0001 par value ("Common Stock")

Award

Transaction value
$0
Shares
+12,500
Change %
+4.2%
Price
$0.000000
Shares after
312,500
Date
25 Apr 2024
Ownership
Direct
Footnotes
F1
PRST transaction

Common Stock

Sale

Transaction value
$6,434
Shares
-36,559
Change %
-12%
Price
$0.1760
Shares after
275,941
Date
23 May 2024
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of Common Stock underlying restricted stock units ("RSUs") granted to the reporting person on April 25, 2024 (the "Grant Date") pursuant to the Issuer's 2022 Incentive Award Plan. The RSUs vested 50 percent on the Grant Date and the remaining 50 percent will vest on October 1, 2024, subject to the reporting person's continued employment. Each RSU represents the right to receive one share of Common Stock upon vesting.

Footnote F2

The shares reported as disposed herein were granted as RSUs. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of RSUs.

Footnote F3

The price reported reflects the weighted average sales price. These shares were sold in multiple transactions at prices ranging from $0.171 to $0.180, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or any security holder of the issuer full information regarding the number of shares at each separate price within the range set forth in this footnote.

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