Chardan International Investments, LLC - 21 Sep 2022 Form 4 Insider Report for Presto Automation Inc. (PRST)

Role: 10%+ Owner
Signature: /s/ Jonas Grossman, Managing Member
Issuer symbol: PRST
Transactions as of: 21 Sep 2022
Net transactions value: -$2,218
Form type: 4
Filing time: 23 Sep 2022, 20:42:43 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRST	Common Stock	Sale	$2,218	-369,703	-25%	$0.006000^*	1,123,922	21 Sep 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PRST	Warrants to Purchase Common Stock	Other		-166,650	-7.5%		2,058,350	21 Sep 2022	Common Stock	166,650	$11.50	Direct	F1
transaction	PRST	Warrants to Purchase Common Stock	Other		-183,315	-8.9%		1,875,035	21 Sep 2022	Common Stock	183,315	$11.50	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Chardan International Investments, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Represent warrants transferred for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022 (as defined in the Agreement and Plan of Merger, dated as of November 10, 2021, as further amended, by and among Ventoux CCM Acquisition Corp., a Delaware corporation ("VTAQ"), Ventoux Merger Sub I Inc., a Delaware corporation and a direct, wholly-owned subsidiary of VTAQ, Ventoux Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of VTAQ, and E La Carte, Inc., a Delaware corporation (d/b/a Presto, Inc.)).
F2	Represent warrants cancelled for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.

Content

Represent warrants transferred for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022 (as defined in the Agreement and Plan of Merger, dated as of November 10, 2021, as further amended, by and among Ventoux CCM Acquisition Corp., a Delaware corporation ("VTAQ"), Ventoux Merger Sub I Inc., a Delaware corporation and a direct, wholly-owned subsidiary of VTAQ, Ventoux Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of VTAQ, and E La Carte, Inc., a Delaware corporation (d/b/a Presto, Inc.)).

Represent warrants cancelled for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.