Cook Brian C. 4
4 · Local Bounti Corporation/DE · Filed Apr 5, 2023
Insider Transaction Report
Form 4
Cook Brian C.
President
Transactions
- Sale
Common Stock
2023-04-03$0.66/sh−18,305$12,171→ 1,106,430 total - Sale
Common Stock
2023-04-04$0.58/sh−16,880$9,801→ 1,089,550 total - Sale
Common Stock
2023-04-05$0.51/sh−43,327$22,014→ 1,046,223 total
Footnotes (4)
- [F1]The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F2]This transaction was executed in multiple trades at prices ranging from $0.5922 to $0.7851. The price reported above reflects the weighted average sale 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.
- [F3]This transaction was executed in multiple trades at prices ranging from $0.5302 to $0.6284. The price reported above reflects the weighted average sale 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.
- [F4]This transaction was executed in multiple trades at prices ranging from $0.5001 to $0.5450. The price reported above reflects the weighted average sale 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.