Pamela Brewster - 20 Jun 2023 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role
Director
Signature
/s/ Kathleen Valiasek, as Attorney-in-Fact for Pamela Brewster
Issuer symbol
LOCL
Transactions as of
20 Jun 2023
Net transactions value
$0
Form type
4
Filing time
22 Jun 2023, 17:05:14 UTC
Previous filing
23 Jun 2022
Next filing
14 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOCL Common Stock Award $0 +21,237 +17% $0.000000 144,545 20 Jun 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will vest on the earlier of (1) the day before Local Bounti Corporation's (the "Issuer") next annual stockholders' meeting or (2) June 20, 2024, subject to the Reporting Person's continued service.
F2 Effective on June 15, 2023, the Issuer effected a 1 to 13 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.