Kathleen Valiasek - 20 Aug 2023 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role
Chief Financial Officer
Signature
/s/ Kathleen Valiasek
Issuer symbol
LOCL
Transactions as of
20 Aug 2023
Net transactions value
-$10,748
Form type
4
Filing time
22 Aug 2023, 16:35:38 UTC
Previous filing
23 May 2023
Next filing
31 Oct 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 Tax liability $10,748 -3,380 -1.3% $3.18 256,536 20 Aug 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.
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.