0001209191-23-023517.txt : 20230405 0001209191-23-023517.hdr.sgml : 20230405 20230405201934 ACCESSION NUMBER: 0001209191-23-023517 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230403 FILED AS OF DATE: 20230405 DATE AS OF CHANGE: 20230405 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McCandless Margaret CENTRAL INDEX KEY: 0001629976 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40125 FILM NUMBER: 23804094 MAIL ADDRESS: STREET 1: C/O ROYAL GOLD STREET 2: 1144 15TH STREET, SUITE 2500 CITY: DENVER STATE: CO ZIP: 80202 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 2023-04-03 0 0001840780 Local Bounti Corporation/DE LOCL 0001629976 McCandless Margaret C/O LOCAL BOUNTI CORPORATION 400 W. MAIN ST. HAMILTON MT 59840 0 1 0 0 General Counsel & Secretary 0 Common Stock 2023-04-03 4 S 0 10067 0.6649 D 381323 D Common Stock 2023-04-04 4 S 0 9284 0.5806 D 372039 D Common Stock 2023-04-05 4 S 0 23830 0.5081 D 348209 D The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. This transaction was executed in multiple trades at prices ranging from $0.5922 to $0.7851. 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. This transaction was executed in multiple trades at prices ranging from $0.5302 to $0.6284. 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. This transaction was executed in multiple trades at prices ranging from $0.5001 to $0.5450. 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. /s/ Margaret E. McCandless 2023-04-05