Local Bounti Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover Page
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Stock-based Compensation - Narrative (Details)

v3.24.1

Stock-based Compensation - Narrative (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Nov. 30, 2021	Dec. 31, 2023	Dec. 31, 2022
Restricted Common Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years	11 months 26 days
Total expenses		$ 1.2	$ 4.5
Cost not yet recognized, amount		$ 0.7
Restricted Common Stock Awards \| Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting rights	10.00%
Restricted Common Stock Awards \| Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting rights	30.00%
Restricted Common Stock Awards \| Tranche Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting rights	30.00%
Restricted Common Stock Awards \| Tranche Four
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting rights	30.00%
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		2 years 10 days
Total expenses		$ 15.1	$ 34.7
Cost not yet recognized, amount		$ 8.1
Restricted Stock Units (RSUs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 months
Restricted Stock Units (RSUs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		4 years

- Definition

Amount of cost to be recognized for nonvested award under share-based payment arrangement. Excludes share and unit options.

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