0001209191-23-054054.txt : 20231101
0001209191-23-054054.hdr.sgml : 20231101
20231101194057
ACCESSION NUMBER: 0001209191-23-054054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231031
FILED AS OF DATE: 20231101
DATE AS OF CHANGE: 20231101
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Joyner Travis M.
CENTRAL INDEX KEY: 0001872334
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40125
FILM NUMBER: 231369624
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]
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
X0508
4
2023-10-31
0
0001840780
Local Bounti Corporation/DE
LOCL
0001872334
Joyner Travis M.
C/O LOCAL BOUNTI CORPORATION
400 W. MAIN ST.
HAMILTON
MT
59840
1
1
1
0
Chief Technology Officer
0
Common Stock
2023-10-31
4
P
0
50290.019
1.4102
A
50290.019
I
By Spouse's 401(K)
Common Stock
2023-10-31
4
P
0
23205.779
1.2928
A
26281.779
I
By Spouse
Common Stock
1078653
I
By McLeod Management Co., LLC
Common Stock
157074
D
This transaction was executed in multiple trades at prices ranging from $1.35 to $1.50. The price reported above reflects the weighted average purchase 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.
This transaction was executed in multiple trades at prices ranging from $1.235 to $1.30. The price reported above reflects the weighted average purchase 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.
These shares are held by McLeod Management Co. LLC ("McLeod"). The Reporting Person serves as a managing member of McLeod and as such, has sole voting and dispositive power with respect to the shares held by McLeod and may be deemed to beneficially own the shares held by McLeod. 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 Travis M. Joyner
2023-11-01