Adam H. Jaffe - 05 Feb 2024 Form 3 Insider Report for Legato Merger Corp. III (LEGT)

Role
CFO & Corporate Secretary, Director
Signature
/s/ Adam Jaffe
Issuer symbol
LEGT
Transactions as of
05 Feb 2024
Net transactions value
$0
Form type
3
Filing time
05 Feb 2024, 17:05:54 UTC
Previous filing
16 Feb 2023
Next filing
22 Jan 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LEGT Ordinary shares 57,156 05 Feb 2024 Direct F1, F2
holding LEGT Ordinary shares 200,000 05 Feb 2024 by the Reporting Person's Roth IRA

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 LEGT Warrants 05 Feb 2024 Ordinary shares 938 $11.50 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes securities within 1,875 Units the Reporting Person has irrevocably committed to purchase upon consummation of the Issuer's initial public offering. Each Unit consists of one ordinary share and one half of one warrant.
F2 Includes up to 46,173 shares that may be forfeited to the extent that the underwriters in the Issuer's initial public offering does not fully exercise its overallotment option.
F3 Each warrant will become exercisable 30 days after the completion by the Issuer of an initial business combination.
F4 Each warrant will expire five years after the completion by the Issuer of an initial business combination, or earlier upon redemption; provided that the warrants will expire earlier if the Issuer has not completed an initial business combination within the required time period and liquidates the trust account in connection therewith.