Form 4 for LOCL Local Bounti Corporation/DE

Accepted 2021-11-23 00:00:00 ET · period of report 2021-11-19 · accession 0001209191-21-066611 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2021-11-23	2021-11-19	LOCL	Brewster Pamela	Dir	A - Grant	—	+1.58M	1.58M	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-11-19	A	A	1,576,961	—	1,576,961	D	—	—	(F1) Received pursuant to certain Agreement and Plan of Merger (as it may be amended, supplemented or otherwise modified from time to time), dated as of June 17, 2021, by and among Leo Holdings III Corp, a Cayman Islands exempted company, Longleaf Merger Sub, Inc., a Delaware corporation, Longleaf Merger Sub II, LLC, a Delaware limited liability company, and the Issuer. (F2) Includes 49,697 Restricted Stock Units under the Issuer's 2020 Equity Incentive Plan, as amended from time to time, which will vest as follows, subject to the continuous service of the Reporting Person on each vesting date: 10% will vest on May 1, 2022 with the remaining RSUs vesting in three (3) annual 30% installments thereafter.