4//SEC Filing
Glibbery Ronald 4
Accession 0001209191-21-070850
CIK 0000890394other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 7:32 PM ET
Size
18.1 KB
Accession
0001209191-21-070850
Insider Transaction Report
Form 4
Peraso Inc.PRSO
Glibbery Ronald
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2021-12-17+22,619→ 22,619 totalExercise: $1.73Exp: 2024-11-17→ Common Stock (22,619 underlying) - Award
Stock Option (right to buy)
2021-12-17+18,095→ 18,095 totalExercise: $2.59Exp: 2025-12-29→ Common Stock (18,095 underlying) - Award
Stock Option (right to buy)
2021-12-17+109,599→ 109,599 totalExercise: $2.59Exp: 2031-12-16→ Common Stock (109,599 underlying) - Award
Exchangeable Shares of 2864555 Ontario Inc.
2021-12-17+68,246→ 68,246 totalExp: 2031-12-17→ Common Stock (68,246 underlying) - Award
Stock Option (right to buy)
2021-12-17+278,891→ 278,891 totalExercise: $2.59Exp: 2030-09-17→ Common Stock (278,891 underlying) - Award
Exchangeable Shares of 2864555 Ontario Inc.
2021-12-17+3,393→ 3,393 totalExp: 2031-12-17→ Common Stock (3,393 underlying)
Footnotes (7)
- [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.
Documents
Issuer
Peraso Inc.
CIK 0000890394
Entity typeother
Related Parties
1- filerCIK 0001896022
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 7:32 PM ET
- Size
- 18.1 KB