Statement of Changes in Beneficial Ownership (4)
08 February 2023 - 8:25AM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Mercato Partners Acquisition Group, LLC |
2. Issuer Name and Ticker or Trading Symbol
Mercato Partners Acquisition Corp
[
MPRA
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
C/O 2750 E. COTTONWOOD PKWY, STE 500 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/6/2023 |
(Street)
COTTONWOOD HEIGHTS, UT 84121
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
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X
_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Class B Common Stock | (1) | 2/6/2023 | | J (2) | | | 60000 | (1) | (1) | Class A Common Stock | 60000 | (2) | 5575000 | I | See footnote (3) |
Explanation of Responses: |
(1) | The Class B common stock will automatically convert into shares of Class A common stock at the completion of the Issuer's initial business combination on a one-for-one basis, subject to adjustment. |
(2) | Reflects the disposition of securities from Mercato Partners Acquisition Group, LLC ("Sponsor") to Scott E. Klossner and two transferees not affiliated with the Issuer (collectively, the "Transferees"), each pursuant to the terms of securities assignment agreements between the Transferees and Sponsor. |
(3) | Represents shares held by Sponsor. Sponsor is the record holder of the securities reported herein. Sponsor is managed by Bullfrog Bay Trust (a family trust managed by the wife and two adult sons of Gregory H. Warnock, the Chief Executive Officer and Chair of the Board). Mr. Warnock may be deemed to have voting and dispositive power over the securities held by Sponsor. |
Remarks: Exhibit List Exhibit 24 - Power of Attorney |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Mercato Partners Acquisition Group, LLC C/O 2750 E. COTTONWOOD PKWY, STE 500 COTTONWOOD HEIGHTS, UT 84121 |
| X |
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Bullfrog Bay Trust C/O 2750 E. COTTONWOOD PKWY, STE 500 COTTONWOOD HEIGHTS, UT 84121 |
| X |
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WARNOCK GREG C/O 2750 E. COTTONWOOD PKWY, STE 500 COTTONWOOD HEIGHTS, UT 84121 | X |
| Chief Executive Officer |
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Signatures
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Mercato Partners Acquisition Group, LLC, By: Bullfrog Bay Trust, By: /s/ Diane Warnock, Trustee for Bullfrog Bay Trust | | 2/6/2023 |
**Signature of Reporting Person | Date |
/s/ Scott E. Klossner, Attorney-in-Fact for Gregory H. Warnock | | 2/6/2023 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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