Filing Details

Accession Number:
0001415889-23-011388
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-21 17:02:14
Reporting Period:
2023-07-19
Accepted Time:
2023-07-21 17:02:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1822145 Presto Automation Inc. PRST Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1986110 Xavier Casanova 985 Industrial Road
San Carlos CA 94070
Chief Operating Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Per Share Disposition 2023-07-19 14,853 $3.56 534,434 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. 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.
  2. 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.
  3. Includes 130,107 RSUs following the reported transaction.