Mark Alan McKinney - 02 Sep 2022 Form 4 Insider Report for Local Bounti Corporation/DE (LOCL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Sep 2022, 19:58:46 UTC
Prior SEC filing
26 Jan 2022
Next SEC filing
20 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kathleen Valiasek, As Attorney-in-Fact for Mark A. McKinney

Key filing fact

Mark Alan McKinney filed Form 4 for Local Bounti Corporation/DE (LOCL) on 07 Sep 2022.

Key facts

  • This page summarizes Mark Alan McKinney's Form 4 filing for Local Bounti Corporation/DE (LOCL).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Sep 2022, 19:58.

Change

  • Previous filing in this sequence was filed on 26 Jan 2022.
  • Current net transaction value: -$54,948.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LOCL transaction

Common Stock

Sale

Transaction value
$54,948
Shares
-15,276
Change %
-0.99%
Price
$3.60
Shares after
1,531,179
Date
02 Sep 2022
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $3.43 to $3.73. The price reported above reflects the weighted average sale 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.

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