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Filing Details

Accession Number:: 0001209191-23-054054
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-11-01 19:40:57
Reporting Period:: 2023-10-31

Accepted Time:: 2023-11-01 19:40:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1840780	Local Bounti Corporation	LOCL	Agricultural Production-Crops (100)	981584830

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1872334	M. Travis Joyner	C/O Local Bounti Corporation 400 W. Main St. Hamilton MT 59840	Chief Technology Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2023-10-31	50,290	$1.41	50,290	No	4	P	Indirect	By Spouse's 401(K)
Common Stock	Acquisiton	2023-10-31	23,206	$1.29	26,282	No	4	P	Indirect	By Spouse

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Spouse's 401(K)
No	4	P	Indirect	By Spouse

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,078,653	Indirect	By McLeod Management Co., LLC
Common Stock	157,074	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $1.35 to $1.50. The price reported above reflects the weighted average purchase 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.
This transaction was executed in multiple trades at prices ranging from $1.235 to $1.30. The price reported above reflects the weighted average purchase 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.
These shares are held by McLeod Management Co. LLC ("McLeod"). The Reporting Person serves as a managing member of McLeod and as such, has sole voting and dispositive power with respect to the shares held by McLeod and may be deemed to beneficially own the shares held by McLeod. The Reporting Person disclaims beneficial ownership of such shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.