Cook Brian C.'s Form 4/A amendment
AmendedLocal Bounti Corporation (LOCL) · filed May 3, 2023
- Accession no.
- 0001209191-23-027011
- Filed
- May 3, 2023
- Trade date
- Apr 3-5, 2023
- Filing delay
- 30 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Apr 5, 2023
This filing lists 3 non-derivative transactions. Open-market sales total $36.2K. It was filed 30 days after the trade.
This amendment replaces 0001209191-23-023523 (filed Apr 5, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Cook Brian C.CIK 0001920885 | Officer (President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 3, 2023 | Common Stock | SSaleDisposed | −14,879 | $0.66F2 | −$9,820.14 | 1,109,856 | Direct | |
| Apr 4, 2023 | Common Stock | SSaleDisposed | −14,232 | $0.58F3 | −$8,254.56 | 1,095,624 | Direct | |
| Apr 5, 2023 | Common Stock | SSaleDisposed | −35,581 | $0.51F4 | −$18,146.31 | 1,060,043 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
Remarks
The original Form 4 filed on April 5, 2023, is being amended to update the total amount of shares of Common Stock sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units.