0000950170-24-049164.txt : 20240426 0000950170-24-049164.hdr.sgml : 20240426 20240426161655 ACCESSION NUMBER: 0000950170-24-049164 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240425 FILED AS OF DATE: 20240426 DATE AS OF CHANGE: 20240426 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hurlbert Craig M. CENTRAL INDEX KEY: 0001872332 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40125 FILM NUMBER: 24884023 MAIL ADDRESS: STREET 1: C/O LOCAL BOUNTI CORPORATION STREET 2: 490 FOLEY LANE 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] ORGANIZATION NAME: 08 Industrial Applications and Services 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 ownership.xml 4 X0508 4 2024-04-25 0001840780 Local Bounti Corporation/DE LOCL 0001872332 Hurlbert Craig M. C/O LOCAL BOUNTI CORPORATION 400 W. MAIN ST. HAMILTON MT 59840 true true true false Chief Executive Officer false Common Stock 2024-04-25 4 A false 120000 0 A 307573 D Common Stock 1177386 I By Wheat Wind Farms, LLC Represents 120,000 restricted stock units ("RSUs") issued under the Issuer's 2021 Equity Incentive Plan. The RSUs will vest in three equal installments on February 1, 2025, February 1, 2026 and February 1, 2027, subject to the continuous service of the Reporting Person on each vesting date. These shares are held by Wheat Wind Farms, LLC ("Wheat Wind"). The Reporting Person serves as Member-Manager of Wheat Wind and as such, has sole voting and dispositive power with respect to the shares held by Wheat Wind and may be deemed to beneficially own the shares held by Wheat Wind. The Reporting Person disclaims beneficial ownership of such shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein. /s/ Kathleen Valiasek, as Attorney-in-Fact for Craig M. Hurlbert 2024-04-26