Filing Details

Accession Number:
0001415889-24-014793
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-29 17:14:12
Reporting Period:
2024-04-25
Accepted Time:
2024-05-29 17:14:12
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
2003170 Katherine Hoffman-Flynt 985 Industrial Road, Suite 205
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, $0.0001 Par Value ("Common Stock") Acquisiton 2024-04-25 300,000 $0.00 346,952 No 4 A Direct
Common Stock Disposition 2024-05-23 59,661 $0.18 287,291 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.