Home > Insider Trading > Filing (0001209191-22-054559)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1840780	Local Bounti Corporation	LOCL	()	CA

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
923738	R. Charles Schwab	C/O Local Bounti Corporation 400 W. Main St. Hamilton MT 59840		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2022-10-21	600,000	$2.50	3,040,653	No	4	P	Indirect	By Trust
Common Stock	Acquisiton	2022-10-21	2,400,000	$2.50	11,157,694	No	4	P	Indirect	By LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Trust
No	4	P	Indirect	By LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	626,826	Indirect	By Trust

Footnotes

On October 21, 2022 (the "Agreement Date"), Local Bounti Corporation (the "Company"), entered into a securities purchase agreement with certain purchasers (the "Purchasers"), pursuant to which the Company agreed to issue and sell to the Purchasers, in a private placement, shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"). The closing price of the Common Stock on the New York Stock Exchange on October 20, 2022 (the last trading day before the Agreement Date) was $2.50 per share.
Shares owned by the Charles R. Schwab & Helen O. Schwab TTEE The Charles & Helen Schwab Living Trust U/A DTD 11/22/1985 of which the insider and his spouse are trustees and beneficiaries.
Shares owned by Live Oak Ventures, LLC.
Shares owned by the Charles R. Schwab TTEE The Charles & Helen Schwab Living Trust U/A DTD 11/22/1985 of which the insider is the trustee and beneficiary with his spouse.