4//SEC Filing
Hoffman-Flynt Katherine 4
Accession 0001415889-24-014793
CIK 0001822145other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 5:14 PM ET
Size
7.5 KB
Accession
0001415889-24-014793
Insider Transaction Report
Form 4
Hoffman-Flynt Katherine
Chief Operating Officer
Transactions
- Award
Common Stock, $0.0001 par value ("Common Stock")
2024-04-25+300,000→ 346,952 total - Sale
Common Stock
2024-05-23$0.18/sh−59,661$10,500→ 287,291 total
Footnotes (3)
- [F1]Represents shares of Common Stock underlying restricted stock units ("RSUs") granted to the reporting person on April 25, 2024 (the "Grant Date") pursuant to the Issuer's 2022 Incentive Award Plan. The RSUs vested 50 percent on the Grant Date and the remaining 50 percent will vest in equal annual installments for a period of five years, subject to the reporting person's continued employment. Each RSU represents the right to receive one share of Common Stock upon vesting.
- [F2]The shares reported as disposed herein were granted as RSUs. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of RSUs.
- [F3]The price reported reflects the weighted average sales price. These shares were sold in multiple transactions at prices ranging from $0.171 to $0.180, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or any security holder of the issuer full information regarding the number of shares at each separate price within the range set forth in this footnote.
Documents
Issuer
Presto Automation Inc.
CIK 0001822145
Entity typeother
Related Parties
1- filerCIK 0002003170
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 5:14 PM ET
- Size
- 7.5 KB