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Peraso Inc. — Director's Dealing 2021
Dec 22, 2021
35320_dirs_2021-12-21_a47b535c-20e1-4106-93ba-9bf989b07514.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Peraso Inc. (PRSO)
CIK: 0000890394
Period of Report: 2021-12-17
Reporting Person: Glibbery Ronald (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-17 | Stock Option (right to buy) | $1.73 | A | 22619 | Acquired | 2024-11-17 | Common Stock (22619) | Direct |
| 2021-12-17 | Stock Option (right to buy) | $2.59 | A | 18095 | Acquired | 2025-12-29 | Common Stock (18095) | Direct |
| 2021-12-17 | Stock Option (right to buy) | $2.59 | A | 278891 | Acquired | 2030-09-17 | Common Stock (278891) | Direct |
| 2021-12-17 | Stock Option (right to buy) | $2.59 | A | 109599 | Acquired | 2031-12-16 | Common Stock (109599) | Direct |
| 2021-12-17 | Exchangeable Shares of 2864555 Ontario Inc. | $ | A | 3393 | Acquired | 2031-12-17 | Common Stock (3393) | Direct |
| 2021-12-17 | Exchangeable Shares of 2864555 Ontario Inc. | $ | A | 68246 | Acquired | 2031-12-17 | Common Stock (68246) | Direct |
Footnotes
F1: The reporting person acquired these securities on December 17, 2021, as consideration for the reporting person's securities of Peraso Technologies Inc., which Peraso Inc. (formerly known as MoSys, Inc.) acquired by way of reverse takeover pursuant to the Arrangement Agreement (together with the entirety of ancillary documents thereto - the "Agreement") dated as of September 14, 2021.
F2: 100% of the Options were fully vested on November 17, 2018.
F3: The Options were fully vested on December 17, 2021.
F4: Exchangeable Shares are immediately exchangeable for shares of Common Stock on a 1-to-1 ratio.
F5: The Agreement additionally provides that following the first anniversary of the Effective Time (as defined in the Agreement) the reporting person may receive up to 479 Exchangeable Shares of 2864555 Ontario Inc., subject to certain terms and conditions including the requirement to the volume weighted average price of the Common Stock of Peraso Inc. Such shares are included herein.
F6: The Agreement additionally provides that following the first anniversary of the Effective Time (as defined in the Agreement) the reporting person may receive up to 9,639 Exchangeable Shares of 2864555 Ontario Inc., subject to escrow. Such shares are included herein.
F7: Shares are held in trust by reporting person.