Form 4 for LOCL Local Bounti Corporation/DE
Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-03 · accession 0001209191-23-002145 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-05 | 2023-01-03 | LOCL | FORST EDWARD C | Dir | J - Other | — | +704.2K | 730.2K | +2,704% | — |
| DI | 2023-01-05 | 2022-01-03 | LOCL | FORST EDWARD C | Dir | J - Other | — | +726.8K | 726.8K | New | — |
| DI | 2023-01-05 | 2023-01-03 | LOCL | FORST EDWARD C | Dir | J - Other | $1.50 | +511.0K | 511.0K | New | +$766.4K |
| D | 2023-01-05 | 2023-01-03 | LOCL | FORST EDWARD C | Dir | J - Other | $1.50 | +495.0K | 495.0K | New | +$742.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-03 | J | A | 704,153 | — | 730,194 | D By Forst GST LLC | — | — | (F1) Represents the distribution of shares of the Issuer's Common Stock by Leo Investors III LP ("Leo") pursuant to a pro rata distribution in-kind made in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended. |
| 2 | Common | Common Stock | 2022-01-03 | J | A | 726,844 | — | 726,844 | I | — | — | (F1) Represents the distribution of shares of the Issuer's Common Stock by Leo Investors III LP ("Leo") pursuant to a pro rata distribution in-kind made in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended. |
| 3 | Derivative | Warrants to purchase Common Stock | 2023-01-03 | J | A | 510,952 | $1.50 | 510,952 | I | $11.50 · 2021-12-19 to 2026-11-19 | 510,952 Common Stock | |
| 4 | Derivative | Warrants to purchase Common Stock | 2023-01-03 | J | A | 495,000 | $1.50 | 495,000 | D By Forst GST LLC | $11.50 · 2021-12-19 to 2026-11-19 | 495,000 Common Stock |