Form 4 for SLND Southland Holdings, Inc.

Accepted 2023-02-16 00:00:00 ET · period of report 2023-02-14 · accession 0001062993-23-003794 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2023-02-16	2023-02-14	SLND	Pratt Brian	Dir, COB	J - Other	—	-32.4K	1.72M	-2%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common stock	2023-02-14	J	D	32,446	—	1,717,554	I By Pratt Capital I, LP	—	—	(F1) The reporting person transferred an aggregate of 32,446 shares of the Issuer's common stock to certain third parties in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of May 25, 2022 ("Merger Agreement"), by and among the Issuer, Southland Holdings LLC, a Texas limited liability company, and Legato Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Issuer. The transfers were made to induce certain holders not to seek redemption of their shares in connection with the transactions contemplated by the Merger Agreement and to induce the members of Southland to consummate the transactions contemplated by the Merger Agreement. (F2) 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.