Travis M. Joyner - 01 Nov 2023 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Signature
/s/ Kathleen Valiasek, as Attorney-in-Fact for Travis M. Joyner
Issuer symbol
LOCL
Transactions as of
01 Nov 2023
Net transactions value
+$10,000
Form type
4
Filing time
02 Nov 2023, 19:30:51 UTC
Previous filing
01 Nov 2023
Next filing
06 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOCL Common Stock Purchase $10,000 +5,298 +20% $1.89 31,580 01 Nov 2023 By Spouse F1
holding LOCL Common Stock 50,290 01 Nov 2023 By Spouse's 401(K)
holding LOCL Common Stock 1,078,653 01 Nov 2023 By McLeod Management Co., LLC F2
holding LOCL Common Stock 157,074 01 Nov 2023 Direct
* 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 $1.84 to $1.95. 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 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.