[144] Local Bounti Corporation/DE SEC Filing

Rhea-AI Filing Summary

Local Bounti (LOCL) filed a Form 144 notice for a planned sale of common stock. The filing covers 1,000 shares of common stock to be sold through Fidelity Brokerage Services LLC on the NYSE at an aggregate market value of $2,385.52, with 22,271,082 shares outstanding. The seller originally acquired these 1,000 shares on 03/08/2021 in a reverse merger transaction with the issuer. The person on whose behalf the shares are being sold represents that they are not aware of any undisclosed material adverse information about the company.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	1000	2385.52	22271082	11/19/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/08/2021	Reverse Merger	Issuer			1000	03/08/2021	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Local Bounti (LOCL) disclose in this Form 144 filing?

Local Bounti disclosed a planned sale of 1,000 common shares under Rule 144, with the shares to be sold on the NYSE through Fidelity Brokerage Services LLC.

How many Local Bounti (LOCL) shares are involved and what is their market value?

The filing covers 1,000 common shares with an aggregate market value of $2,385.52 as stated in the notice.

How many Local Bounti (LOCL) shares are outstanding according to the notice?

The Form 144 states that 22,271,082 shares of Local Bounti common stock were outstanding at the time referenced.

When and how were the Local Bounti (LOCL) shares being sold originally acquired?

The 1,000 shares were acquired on 03/08/2021 in a reverse merger transaction from the issuer, with payment also dated 03/08/2021.

On which exchange will the Local Bounti (LOCL) shares be sold and through which broker?

The notice lists the NYSE as the securities exchange and Fidelity Brokerage Services LLC as the broker handling the sale.

What representation does the seller make in this Local Bounti (LOCL) Form 144?

The person for whose account the securities are to be sold represents that they do not know any material adverse information about Local Bounti's current or prospective operations that has not been publicly disclosed.