Margaret McCandless - 30 Mar 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
Issuer symbol
LOCL
Transactions as of
30 Mar 2022
Net transactions value
$0
Form type
3
Filing time
06 Apr 2022, 16:46:37 UTC
Previous filing
26 Aug 2021
Next filing
25 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LOCL Common Stock 100,000 30 Mar 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.