FORST EDWARD C 4
4 · Local Bounti Corporation/DE · Filed Jan 5, 2023
Insider Transaction Report
Form 4
FORST EDWARD C
Director
Transactions
- Other
Common Stock
2022-01-03+726,844→ 726,844 total(indirect: By LLC) - Other
Warrants to purchase Common Stock
2023-01-03$1.50/sh+510,952$766,428→ 510,952 total(indirect: By LLC)Exercise: $11.50From: 2021-12-19Exp: 2026-11-19→ Common Stock (510,952 underlying) - Other
Common Stock
2023-01-03+704,153→ 730,194 total - Other
Warrants to purchase Common Stock
2023-01-03$1.50/sh+495,000$742,500→ 495,000 totalExercise: $11.50From: 2021-12-19Exp: 2026-11-19→ Common Stock (495,000 underlying)
Holdings
- 21,912
Warrants to purchase Common Stock
Exercise: $11.50From: 2021-12-03Exp: 2026-11-19→ Common Stock (21,912 underlying) - 474,489(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]Represents the distribution of shares of the Issuer's Common Stock by Leo Investors III LP ("Leo") pursuant to a pro rata distribution in-kind made in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- [F2]Represents the distribution of warrants to purchase Common Stock of the Issuer by Leo pursuant to a pro rata distribution in-kind made in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended.