Brian Pratt - Nov 22, 2021 Form 3 Insider Report for LEGATO MERGER CORP. II (SLND)

Signature
/s/ Brian Pratt
Stock symbol
SLND
Transactions as of
Nov 22, 2021
Transactions value $
$0
Form type
3
Date filed
11/22/2021, 05:19 PM
Previous filing
Jul 8, 2021
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SLND Common stock 1.75M Nov 22, 2021 By Pratt Capital I, LP F1, F2, F3

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
holding SLND Warrant Nov 22, 2021 Common stock 125K $11.50 By Pratt Capital I, LP F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes securities within up to 250,000 Units the Reporting Person has irrevocably committed to purchase upon consummation of the Issuer's initial public offering. Each Unit consists of one share of common stock and one half of one warrant.
F2 Includes up to 40,098 shares that may be forfeited, and up to 6,683 shares for which the Reporting Person may not subscribe, to the extent that the underwriter in the Issuer's initial public offering does not fully exercise its overallotment option.
F3 These securities are owned by Pratt Capital I, LP, of which the Reporting Person is Manager of the General Partner. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F4 Each warrant will become exercisable 30 days after the completion by the Issuer of an initial business combination.
F5 Each warrant will expire five years after the completion by the Issuer of an initial business combination, or earlier upon redemption.