Walter Timothy Winn - Jun 25, 2024 Form 4 Insider Report for Southland Holdings, Inc. (SLND)

Role
CO-COO AND EVP, Director, 10%+ Owner
Signature
/s/ Walter Timothy Winn
Stock symbol
SLND
Transactions as of
Jun 25, 2024
Transactions value $
$0
Form type
4
Date filed
6/27/2024, 08:00 PM
Previous filing
Mar 27, 2024
Next filing
Dec 31, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SLND Common Stock 1.69M Jun 25, 2024 Direct
holding SLND Common Stock 1.68M Jun 25, 2024 By Walter Timothy Winn 2015 Irrevocable Trust F1, F2

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
transaction SLND Restricted Stock Unit Award $0 +47.1K $0.00 47.1K Jun 25, 2024 Common Stock 47.1K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held directly by the Walter Timothy Winn 2015 Irrevocable Trust ("Trust A"), a family trust established for the benefit of the immediate family of the reporting person. The reporting person is the sole trustee of Trust A.
F2 For purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
F3 Each restricted stock unit is equivalent to one share of the Issuer's common stock.
F4 The reporting person received an award of restricted stock units on June 25, 2024. The restricted stock units shall vest over a three-year period, with one-third (1/3) of the shares vesting on June 25, 2025, one-third (1/3) of the shares vesting on June 25, 2026, and the remaining shares vesting on June 25, 2027.