Nordby Matthew 4
4 · Local Bounti Corporation/DE · Filed Jan 5, 2023
Insider Transaction Report
Form 4
Nordby Matthew
Director
Transactions
- Other
Common Stock
2023-01-03+285,609→ 358,650 total - Other
Warrants to purchase Common Stock
2023-01-03$1.50/sh+166,667$250,001→ 166,667 totalExercise: $11.50From: 2021-12-19Exp: 2026-11-19→ Common Stock (166,667 underlying)
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.