Craig M. Hurlbert - 16 Dec 2024 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Signature
/s/ Kathleen Valiasek, as Attorney-in-Fact for Craig M. Hurlbert
Issuer symbol
LOCL
Transactions as of
16 Dec 2024
Net transactions value
+$5,435
Form type
4
Filing time
16 Dec 2024, 19:03:41 UTC
Previous filing
12 Dec 2024
Next filing
20 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOCL Common Stock Purchase $5,435 +2,750 +0.89% $1.98 311,573 16 Dec 2024 Direct F1
holding LOCL Common Stock 1,177,386 16 Dec 2024 By Wheat Wind Farms, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $1.9379 to $2.12. 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.
F2 These shares are held by Wheat Wind Farms, LLC ("Wheat Wind"). The Reporting Person serves as Member-Manager of Wheat Wind and as such, has sole voting and dispositive power with respect to the shares held by Wheat Wind and may be deemed to beneficially own the shares held by Wheat Wind. 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.