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

Role
Director, Non-Executive Vice-Chairman
Signature
/s/ David D. Sgro
Stock symbol
SLND
Transactions as of
Nov 22, 2021
Transactions value $
$0
Form type
3
Date filed
11/22/2021, 05:12 PM
Previous filing
Jul 8, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SLND Common stock 389K Nov 22, 2021 Direct F1, F2
holding SLND Common Stock 505K Nov 22, 2021 By Eric S Rosenfeld 2017 Trust No. 1, Eric S Rosenfeld 2017 Trust No. 2 F3, F4

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 500 $11.50 Direct F1, F5, F6
* 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 1,000 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 65,727 shares that may be forfeited to the extent that the underwriter in the Issuer's initial public offering does not fully exercise its overallotment option.
F3 Includes up to 85,445 shares that may be forfeited to the extent that the underwriter in the Issuer's initial public offering does not fully exercise its overallotment option.
F4 The Reporting Person is the trustee of these trusts and has sole voting and dispositive power over the securities held thereby. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his ultimate pecuniary interest therein.
F5 Each warrant will become exercisable 30 days after the completion by the Issuer of an initial business combination.
F6 Each warrant will expire five years after the completion by the Issuer of an initial business combination, or earlier upon redemption.