Travis M. Joyner - Oct 21, 2022 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role: Co-Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Kathleen Valiasek, As Attorney-in-Fact for Travis M. Joyner
Stock symbol: LOCL
Transactions as of: Oct 21, 2022
Transactions value $: $100,000
Form type: 4
Date filed: 10/25/2022, 05:06 PM
Previous filing: Aug 29, 2022
Next filing: Dec 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOCL	Common Stock	Award	$100K	+40K	$2.50	40K	Oct 21, 2022	By Spouse	F1
holding	LOCL	Common Stock					2.04M	Oct 21, 2022	Direct
holding	LOCL	Common Stock					16M	Oct 21, 2022	By McLeod Management Co., LLC

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 21, 2022, Bridget Joyner, the spouse of the Reporting Person, purchased shares of Local Bounti Corporation (the "Company") common stock, par value $0.0001 per share (the "Common Stock") through a 401K account, pursuant to a securities purchase agreement by and between the Reporting Person's spouse and the Company, as part of a private placement. The issuance of the shares to the Reporting Person's spouse was approved by the Company's board of directors in the manner contemplated by Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Content

On October 21, 2022, Bridget Joyner, the spouse of the Reporting Person, purchased shares of Local Bounti Corporation (the "Company") common stock, par value $0.0001 per share (the "Common Stock") through a 401K account, pursuant to a securities purchase agreement by and between the Reporting Person's spouse and the Company, as part of a private placement. The issuance of the shares to the Reporting Person's spouse was approved by the Company's board of directors in the manner contemplated by Rule 16b-3 under the Securities Exchange Act of 1934, as amended.