Margaret McCandless - Mar 30, 2022 Form 3 Insider Report for Local Bounti Corporation/DE (LOCL)

Role
General Counsel & Secretary
Signature
/s/ Kathleen Valiasek, as Attorney-in-Fact for Margaret E. McCandless
Stock symbol
LOCL
Transactions as of
Mar 30, 2022
Transactions value $
$0
Form type
3
Date filed
4/6/2022, 04:46 PM
Previous filing
Aug 26, 2021
Next filing
Oct 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LOCL Common Stock 100K Mar 30, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent 100,000 restricted stock units issued under the Issuer's 2021 Equity Incentive Plan on March 7, 2022, which will vest as follows, subject to the continuous service of the Reporting Person on each vesting date: 10% will vest on March 1, 2023 with the remaining RSUs vesting in three (3) annual 30% installments thereafter.