Margaret McCandless - 01 Jan 2023 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role
General Counsel & Secretary
Signature
/s/ Margaret E. McCandless
Issuer symbol
LOCL
Transactions as of
01 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 17:37:29 UTC
Previous filing
25 Oct 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOCL Common Stock Award $0 +275,000 +229% $0.000000 395,000 01 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 275,000 restricted stock units issued under the Issuer's 2021 Equity Incentive Plan which will vest in three equal installments on April 1, 2023, April 1, 2024, and April 1, 2025, subject to the continuous service of the Reporting Person on each vesting date.