John G. Bruno - Oct 28, 2022 Form 4 Insider Report for Valor Latitude Acquisition Corp. (VLAT)

Role: Director
Signature: /s/ John Bruno
Stock symbol: VLAT
Transactions as of: Oct 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/1/2022, 05:48 PM
Previous filing: Oct 31, 2022
Next filing: Nov 14, 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	VLAT	Class B Ordinary Shares	Other		+25K			25K	Oct 28, 2022	Class A Ordinary Shares	25K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was assigned 25,000 Class B ordinary shares of the Issuer ("Class B Shares") in connection with his new role as a Director of the Issuer. The Class B Shares will automatically convert into Class A ordinary shares of the Issuer ("Class A Shares") at a ratio of no less than one-to-one on the first business day following the consummation of the Issuer's initial business combination, with the actual conversion rate as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254159) filed with the Securities and Exchange Commission on April 19, 2021. The Class B Shares have no expiration date.
F2	As contemplated by the securities assignment agreement between Valor Latitude LLC (the "Sponsor") and Mr. Bruno, dated October 28, 2022, the Sponsor assigned 25,000 Class B ordinary shares to Mr. Bruno in connection with Mr. Bruno's appointment as a Director of the Issuer.

Content

The Reporting Person was assigned 25,000 Class B ordinary shares of the Issuer ("Class B Shares") in connection with his new role as a Director of the Issuer. The Class B Shares will automatically convert into Class A ordinary shares of the Issuer ("Class A Shares") at a ratio of no less than one-to-one on the first business day following the consummation of the Issuer's initial business combination, with the actual conversion rate as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254159) filed with the Securities and Exchange Commission on April 19, 2021. The Class B Shares have no expiration date.

As contemplated by the securities assignment agreement between Valor Latitude LLC (the "Sponsor") and Mr. Bruno, dated October 28, 2022, the Sponsor assigned 25,000 Class B ordinary shares to Mr. Bruno in connection with Mr. Bruno's appointment as a Director of the Issuer.