Filing Details
- Accession Number:
- 0001209191-23-039129
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-22 17:07:03
- Reporting Period:
- 2023-06-20
- Accepted Time:
- 2023-06-22 17:07:03
- 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 |
---|---|---|---|---|---|---|---|
1435748 | Joseph Mark Nelson | C/O Local Bounti Corporation 400 W. Main St. Hamilton MT 59840 | Yes | No | 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 | 2023-06-20 | 1,294 | $4.05 | 11,677 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2023-06-20 | 21,237 | $0.00 | 32,914 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | A | Direct |
Footnotes
- Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on May 11, 2022.
- This transaction was executed in multiple trades at prices ranging from $4.04 to $4.11. 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.
- Effective on June 15, 2023, the Issuer effected a 1 to 13 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
- The restricted stock units will vest on the earlier of (1) the day before Local Bounti Corporation's (the "Issuer") next annual stockholders' meeting or (2) June 20, 2024, subject to the Reporting Person's continued service.