Kathleen Valiasek - Jun 24, 2024 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role
President and CFO
Signature
/s/ Kathleen Valiasek
Stock symbol
LOCL
Transactions as of
Jun 24, 2024
Transactions value $
-$27,784
Form type
4
Date filed
6/26/2024, 05:11 PM
Previous filing
May 3, 2024
Next filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOCL Common Stock Award $0 +100K +29.15% $0.00 443K Jun 24, 2024 Direct F1
transaction LOCL Common Stock Tax liability -$27.8K -9.78K -2.21% $2.84 433K Jun 24, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs will vest in three equal installments on June 24, 2024, June 24, 2025 and June 24, 2026, subject to the continuous service of the Reporting Person on each vesting date.
F2 Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.