Mercato Partners Acquisition Group, LLC - 23 Nov 2021 Form 4 Insider Report for Mercato Partners Acquisition Corp

Role: 10%+ Owner
Signature: Mercato Partners Acquisition Group, LLC, By: Bullfrog Bay Trust, By: /s/ Diane Warnock, Trustee for Bullfrog Bay Trust
Issuer symbol: N/A
Transactions as of: 23 Nov 2021
Net transactions value: +$1,050,000
Form type: 4
Filing time: 23 Nov 2021, 15:50:02 UTC
Previous filing: 08 Nov 2021
Next filing: 04 Aug 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MPRA	Warrants	Purchase	$1,050,000	+1,050,000	+12%	$1.00^*	10,050,000	23 Nov 2021	Class A Common Stock	1,050,000	$11.50	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The warrants will become exercisable 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation.
F2	Represents shares held by Mercato Partners Acquisition Group, LLC ("Sponsor"). Sponsor is the record holder of the securities reported herein. Sponsor is managed by Bullfrog Bay Trust (a family trust managed by the wife and two adult sons of Gregory H. Warnock, the Chief Executive Officer and Chair of the board of directors of the Issuer). Mr. Warnock may be deemed to have voting and dispositive power over the securities held by Sponsor.

Content

The warrants will become exercisable 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation.

Represents shares held by Mercato Partners Acquisition Group, LLC ("Sponsor"). Sponsor is the record holder of the securities reported herein. Sponsor is managed by Bullfrog Bay Trust (a family trust managed by the wife and two adult sons of Gregory H. Warnock, the Chief Executive Officer and Chair of the board of directors of the Issuer). Mr. Warnock may be deemed to have voting and dispositive power over the securities held by Sponsor.