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Grossman Jonas's Form 4 filing

Presto Automation Inc. (PRST) · filed Sep 23, 2022

Accession no.
0001209191-22-051192
Filed
Sep 23, 2022, 8:45 PM ET
Trade date
Sep 21, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.22K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Grossman JonasCIK 0001423905Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 21, 2022Common StockSSaleDisposed−369,703$0.006−$2,218.221,123,922IndirectDuplicate filing
Sep 21, 2022Common StockAGrant or awardAcquired+350,000$0.00F2$0350,000Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 21, 2022Common StockJOtherDisposed−166,650–F4–2,058,350IndirectDuplicate filing
Sep 21, 2022Common StockJOtherDisposed−183,315–F5–1,875,035IndirectDuplicate filing

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Represent shares received in connection with the closing of the Business Combination on September 21, 2022 (as defined in the Agreement and Plan of Merger, dated as of November 10, 2021, as further amended, by and among Ventoux CCM Acquisition Corp., a Delaware corporation ("VTAQ"), Ventoux Merger Sub I Inc., a Delaware corporation and a direct, wholly-owned subsidiary of VTAQ, Ventoux Merger Sub II, LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of VTAQ, and E La Carte, Inc., a Delaware corporation (d/b/a Presto, Inc.)), in satisfaction of certain underwriting fees owed to Chardan Capital Markets LLC.

Referenced by the price of 1 transaction in Table I.

F4

Represent warrants transferred for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.

Referenced by the price of 1 transaction in Table II.

F5

Represent warrants cancelled for no monetary consideration as inducement in connection with the closing of the Business Combination on September 21, 2022.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)