Mercato Partners Acquisition Group, LLC - 19 Jul 2022 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
19 Jul 2022
Net transactions value
$0
Form type
4
Filing time
04 Aug 2022, 06:05:19 UTC
Previous filing
23 Nov 2021
Next filing
07 Feb 2023
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 Class B Common Stock Other +40,000 +0.71% 5,635,000 19 Jul 2022 Class A Common Stock 40,000 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B common stock will automatically convert into shares of Class A common stock at the completion of the Issuer's initial business combination on a one-for-one basis, subject to adjustment.
F2 Reflects the acquisition of securities from the forfeiture of Class B Common Stock by Joshua G. James in connection with his resignation from the board of directors of the Issuer (the "Board"), pursuant to the terms of such director's securities assignment agreement with Mercato Partners Acquisition Group, LLC ("Sponsor").
F3 Represents shares held by 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). Mr. Warnock may be deemed to have voting and dispositive power over the securities held by Sponsor.