4//SEC Filing
Nelson Mark Joseph 4
Accession 0001209191-23-039129
CIK 0001840780other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 5:07 PM ET
Size
7.4 KB
Accession
0001209191-23-039129
Insider Transaction Report
Form 4
Nelson Mark Joseph
Director
Transactions
- Award
Common Stock
2023-06-20+21,237→ 32,914 total - Sale
Common Stock
2023-06-20$4.05/sh−1,294$5,241→ 11,677 total
Footnotes (4)
- [F1]Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on May 11, 2022.
- [F2]This transaction was executed in multiple trades at prices ranging from $4.04 to $4.11. 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]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.
- [F4]The restricted stock units will vest on the earlier of (1) the day before Local Bounti Corporation's (the "Issuer") next annual stockholders' meeting or (2) June 20, 2024, subject to the Reporting Person's continued service.
Documents
Issuer
Local Bounti Corporation/DE
CIK 0001840780
Entity typeother
Related Parties
1- filerCIK 0001435748
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 5:07 PM ET
- Size
- 7.4 KB