4//SEC Filing
Casanova Xavier 4
Accession 0001415889-23-011388
CIK 0001822145other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 5:02 PM ET
Size
5.8 KB
Accession
0001415889-23-011388
Insider Transaction Report
Form 4
Casanova Xavier
CHIEF OPERATING OFFICER
Transactions
- Sale
Common Stock, par value $0.0001 per share
2023-07-19$3.56/sh−14,853$52,877→ 534,434 total
Footnotes (3)
- [F1]On July 25, 2022, the reporting person was granted 173,476 restricted stock units ("RSUs") that vest in four equal annual installments beginning on July 18, 2022. Each RSU represents the right to receive one share of PRST common stock upon vesting. On July 19, 2023, the reporting person sold 14,853 shares in order to cover the reporting person's statutory tax withholding obligations in connection with the vesting of RSUs, as required by the terms of the RSU award agreement. Such sales do not represent discretionary transactions by the reporting person.
- [F2]This transaction was executed in multiple trades at prices ranging from $3.52 to $3.68. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Includes 130,107 RSUs following the reported transaction.
Documents
Issuer
Presto Automation Inc.
CIK 0001822145
Entity typeother
Related Parties
1- filerCIK 0001986110
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 5:02 PM ET
- Size
- 5.8 KB