Nordby Matthew 4
4 · Local Bounti Corporation/DE · Filed Jun 22, 2023
Insider Transaction Report
Form 4
Nordby Matthew
Director
Transactions
- Award
Common Stock
2023-06-20+21,237→ 48,825 total
Holdings
- 166,667
Warrants to purchase Common Stock
Exercise: $149.50From: 2021-12-19Exp: 2026-11-19→ Common Stock (12,820 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]The exercise price and amount of common stock underlying the warrants after exercise take into account the Reverse Stock Split.