0001209191-23-039129.txt : 20230622 0001209191-23-039129.hdr.sgml : 20230622 20230622170703 ACCESSION NUMBER: 0001209191-23-039129 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230620 FILED AS OF DATE: 20230622 DATE AS OF CHANGE: 20230622 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nelson Mark Joseph CENTRAL INDEX KEY: 0001435748 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40125 FILM NUMBER: 231034112 MAIL ADDRESS: STREET 1: LOCAL BOUNTI CORPORATION STREET 2: 220 W MAIN STREET CITY: HAMILTON STATE: MT ZIP: 59840 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Local Bounti Corporation/DE CENTRAL INDEX KEY: 0001840780 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] IRS NUMBER: 981584830 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 W. MAIN ST. CITY: HAMILTON STATE: MT ZIP: 59840 BUSINESS PHONE: 406-361-3711 MAIL ADDRESS: STREET 1: 400 W. MAIN ST. CITY: HAMILTON STATE: MT ZIP: 59840 FORMER COMPANY: FORMER CONFORMED NAME: Leo Holdings III Corp. DATE OF NAME CHANGE: 20210115 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-06-20 0 0001840780 Local Bounti Corporation/DE LOCL 0001435748 Nelson Mark Joseph C/O LOCAL BOUNTI CORPORATION 400 W. MAIN ST. HAMILTON MT 59840 1 0 0 0 1 Common Stock 2023-06-20 4 S 0 1294 4.0505 D 11677 D Common Stock 2023-06-20 4 A 0 21237 0.00 A 32914 D Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on May 11, 2022. This transaction was executed in multiple trades at prices ranging from $4.04 to $4.11. 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. 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. The restricted stock units will vest on the earlier of (1) the day before Local Bounti Corporation's (the "Issuer") next annual stockholders' meeting or (2) June 20, 2024, subject to the Reporting Person's continued service. /s/ Kathleen Valiasek, as Attorney-in-Fact for Mark J. Nelson 2023-06-22