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