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

Role: Chief Technology Officer, Director, 10%+ Owner
Signature: /s/ Kathleen Valiasek, as Attorney-in-Fact for Travis M. Joyner
Stock symbol: LOCL
Transactions as of: Oct 31, 2023
Transactions value $: $100,919
Form type: 4
Date filed: 11/1/2023, 07:40 PM
Previous filing: Dec 23, 2022
Next filing: Nov 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOCL	Common Stock	Purchase	$70.9K	+50.3K		$1.41	50.3K	Oct 31, 2023	By Spouse's 401(K)	F1, F2
transaction	LOCL	Common Stock	Purchase	$30K	+23.2K	+754.41%	$1.29	26.3K	Oct 31, 2023	By Spouse	F2, F3
holding	LOCL	Common Stock						1.08M	Oct 31, 2023	By McLeod Management Co., LLC	F2, F4
holding	LOCL	Common Stock						157K	Oct 31, 2023	Direct	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 $1.35 to $1.50. 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	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.
F3	This transaction was executed in multiple trades at prices ranging from $1.235 to $1.30. 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.
F4	These shares are held by McLeod Management Co. LLC ("McLeod"). The Reporting Person serves as a managing member of McLeod and as such, has sole voting and dispositive power with respect to the shares held by McLeod and may be deemed to beneficially own the shares held by McLeod. 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.