Form 4 for SLND Southland Holdings, Inc.
Accepted 2023-02-16 00:00:00 ET · period of report 2023-02-14 · accession 0001062993-23-003796 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-16 | 2023-02-14 | SLND | Sgro David | Former Dir | J - Other | — | -83.6K | 305.8K | -21% | — | |
| I | 2023-02-16 | 2023-02-14 | SLND | Sgro David | Former Dir | J - Other | — | -108.6K | 396.3K | -22% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock | 2023-02-14 | J | D | 83,563 | — | 305,837 | D By Eris S Rosenfeld 2017 Trust No. 1, Eris S Rosenfeld 2017 Trust No. 2 | — | — | (F1) The reporting person transferred 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 (the "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) 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. |
| 2 | Common | Common stock | 2023-02-14 | J | D | 108,632 | — | 396,288 | I | — | — | (F1) The reporting person transferred 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 (the "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. |