Craig M. Hurlbert - Oct 31, 2023 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role: SVP of Strategy, Director, 10%+ Owner
Signature: /s/ Kathleen Valiasek, as Attorney-in-Fact for Craig M. Hurlbert
Stock symbol: LOCL
Transactions as of: Oct 31, 2023
Transactions value $: $142,878
Form type: 4
Date filed: 10/31/2023, 07:16 PM
Previous filing: Aug 22, 2023
Next filing: Nov 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOCL	Common Stock	Purchase	$69K	+51.4K	+33.47%	$1.34	205K	Oct 31, 2023	Direct	F1
transaction	LOCL	Common Stock	Purchase	$73.9K	+54.8K	+4.88%	$1.35	1.18M	Oct 31, 2023	By Wheat Wind Farms, LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $1.2798 to $1.46. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F2	These shares are held by Wheat Wind Farms, LLC ("Wheat Wind"). The Reporting Person serves as Member-Manager of Wheat Wind and as such, has sole voting and dispositive power with respect to the shares held by Wheat Wind and may be deemed to beneficially own the shares held by Wheat Wind. The Reporting Person disclaims beneficial ownership of such shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.

Content

This transaction was executed in multiple trades at prices ranging from $1.2798 to $1.46. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

These shares are held by Wheat Wind Farms, LLC ("Wheat Wind"). The Reporting Person serves as Member-Manager of Wheat Wind and as such, has sole voting and dispositive power with respect to the shares held by Wheat Wind and may be deemed to beneficially own the shares held by Wheat Wind. The Reporting Person disclaims beneficial ownership of such shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.