Filing Details

Accession Number:
0001209191-23-015890
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-03 18:03:46
Reporting Period:
2023-03-02
Accepted Time:
2023-03-03 18:03:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1840780 Local Bounti Corporation LOCL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1629976 Margaret Mccandless C/O Local Bounti Corporation
400 W. Main St.
Hamilton MT 59840
General Counsel & Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-03-02 3,610 $0.63 391,390 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
  2. This transaction was executed in multiple trades at prices ranging from $0.61 to $0.63. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.