X0206 3 2021-01-07 0 0001828522 Locust Walk Acquisition Corp. LWAC 0001828561 Locust Walk Sponsor, LLC TWO COMMERCE SQUARE 2001 MARKET STREET, SUITE 3400 PHILADELPHIA PA 19103 0 0 1 0 Class A common stock 545000 D Class B common stock Class A common stock 4535000 D Warrants 11.50 Class A common stock 181667 D These shares underlie 545,000 units of the issuer that the reporting person has irrevocably committed to purchase. The Class B shares will automatically convert into Class A shares at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date. The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering. The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A common shares or the issuer's liquidation. These warrants underlie 545,000 units of the issuer that the reporting person has irrevocably committed to purchase. /s/ Chris Ehrlich, Senior Managing Director of its sponsor 2021-01-07