Margaret McCandless - Mar 1, 2024 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Role
General Counsel & Secretary
Signature
/s/ Margaret E. McCandless
Stock symbol
LOCL
Transactions as of
Mar 1, 2024
Transactions value $
-$2,165
Form type
4
Date filed
3/5/2024, 05:26 PM
Previous filing
May 3, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOCL Common Stock Tax liability -$2.17K -796 -2.98% $2.72 25.9K Mar 1, 2024 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. The amount of shares withheld is based on the closing sale price on March 1, 2024.
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.