Lynch Brad 4

4 · Peraso Inc. · Filed Dec 21, 2021

Form 4

Period: 2021-12-17

Chief Operating Officer

Transactions

Award
Stock Option (right to buy)
2021-12-17+9,047→ 9,047 total
Exercise: $2.59Exp: 2025-12-29→ Common Stock (9,047 underlying)
Award
Exchangeable Shares of 2864555 Ontario Inc.
2021-12-17+24,904→ 24,904 total
Exp: 2031-12-17→ Common Stock (24,904 underlying)
Award
Stock Option (right to buy)
2021-12-17+65,759→ 65,759 total
Exercise: $2.59Exp: 2031-12-16→ Common Stock (65,759 underlying)
Award
Stock Option (right to buy)
2021-12-17+174,573→ 174,573 total
Exercise: $2.59Exp: 2030-09-17→ Common Stock (174,573 underlying)

Footnotes (5)

[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 September 17, 2021.
[F3]25% of the Options vest on first anniversary of date of grant, September 17, 2020; and 6.25% of the Options vest on the first day of each calendar quarter following September 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 from escrow up to 3,518 Exchangeable Shares of 2864555 Ontario Inc., subject to certain terms and conditions, including a requirement as to the volume weighted average price of the Common Stock of Peraso Inc. Such shares are included herein.

Documents

1 file