Brewster Pamela 4
4 · Local Bounti Corporation/DE · Filed Nov 23, 2021
Insider Transaction Report
Form 4
Brewster Pamela
Director
Transactions
- Award
Common Stock
2021-11-19+1,576,961→ 1,576,961 total
Footnotes (2)
- [F1]Received pursuant to certain Agreement and Plan of Merger (as it may be amended, supplemented or otherwise modified from time to time), dated as of June 17, 2021, by and among Leo Holdings III Corp, a Cayman Islands exempted company, Longleaf Merger Sub, Inc., a Delaware corporation, Longleaf Merger Sub II, LLC, a Delaware limited liability company, and the Issuer.
- [F2]Includes 49,697 Restricted Stock Units under the Issuer's 2020 Equity Incentive Plan, as amended from time to time, which will vest as follows, subject to the continuous service of the Reporting Person on each vesting date: 10% will vest on May 1, 2022 with the remaining RSUs vesting in three (3) annual 30% installments thereafter.