4//SEC Filing
Lynch Brad 4
Accession 0001209191-21-070853
CIK 0000890394other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 7:34 PM ET
Size
13.3 KB
Accession
0001209191-21-070853
Insider Transaction Report
Form 4
Peraso Inc.PRSO
Lynch Brad
Chief Operating Officer
Transactions
- Award
Stock Option (right to buy)
2021-12-17+9,047→ 9,047 totalExercise: $2.59Exp: 2025-12-29→ Common Stock (9,047 underlying) - Award
Exchangeable Shares of 2864555 Ontario Inc.
2021-12-17+24,904→ 24,904 totalExp: 2031-12-17→ Common Stock (24,904 underlying) - Award
Stock Option (right to buy)
2021-12-17+65,759→ 65,759 totalExercise: $2.59Exp: 2031-12-16→ Common Stock (65,759 underlying) - Award
Stock Option (right to buy)
2021-12-17+174,573→ 174,573 totalExercise: $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
Issuer
Peraso Inc.
CIK 0000890394
Entity typeother
Related Parties
1- filerCIK 0001896021
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 7:34 PM ET
- Size
- 13.3 KB