This is what I did for my leatherman:
I wet the leather to form it around the leatherman. Looked pretty good. Stitched it up and trimmed it. Wasn't paying to close attention and angled the blade a bit and cut close to the stitching on the back. Should of had more material to work with in the first place. Live and learn.
Also, I cut the belt slots in the back. I should have stitched on a belt loop.
Didn't think I'd show this off to anyone, but it is a good example of what not to do......