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

Role
10%+ Owner
Signature
Mercato Partners Acquisition Group, LLC, By: Bullfrog Bay Trust, By: /s/ Diane Warnock, Trustee for Bullfrog Bay Trust
Stock symbol
MPRA
Transactions as of
Nov 23, 2021
Transactions value $
$1,050,000
Form type
4
Date filed
11/23/2021, 03:50 PM
Previous filing
Nov 8, 2021
Next filing
Aug 4, 2022

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 $1.05M +1.05M +11.67% $1.00* 10.1M Nov 23, 2021 Class A Common Stock 1.05M $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.