Dan Mosher - 11 Jul 2023 Form 4 Insider Report for Presto Automation Inc. (PRST)

Role
PRESIDENT
Signature
/s/ Dan Mosher
Issuer symbol
PRST
Transactions as of
11 Jul 2023
Transactions value $
-$29,027
Form type
4
Filing time
13 Jul 2023, 13:42:33 UTC
Previous filing
27 Jun 2023
Next filing
27 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRST Common Stock, $0.0001 par value Tax liability -$28.4K -9.39K -2.94% $3.02 310K 11 Jul 2023 Direct F1
transaction PRST Common Stock, $0.0001 par value Tax liability -$663 -214 -0.07% $3.10 310K 12 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2023, the reporting person was granted 300,000 restricted stock units ("RSUs") that vest in sixteen equal quarterly installments beginning on March 24, 2023. Each RSU represents the right to receive one share of PRST common stock upon vesting. On July 11, 2023, the reporting person sold 9,392 shares to satisfy the reporting person's tax obligations arising out of the vesting of 18,750 RSUs.
F2 On May 10, 2023, the reporting person was granted 300,000 restricted stock units ("RSUs") that vest in sixteen equal quarterly installments beginning on March 24, 2023. Each RSU represents the right to receive one share of PRST common stock upon vesting. On July 12, 2023, the reporting person sold 214 shares to satisfy the reporting person's tax obligations arising out of the vesting of 18,750 RSUs.