Louise S. Sams - Apr 7, 2021 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role
Director
Signature
/s/ Louise Scott Sams
Stock symbol
LOOP
Transactions as of
Apr 7, 2021
Transactions value $
$0
Form type
4
Date filed
6/30/2021, 09:44 PM
Next filing
Sep 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOOP Restricted Stock Units Award $0 +2.37K $0.00 2.37K Apr 7, 2021 Common Stock 2.37K Direct F1, F2
transaction LOOP Restricted Stock Units Award $0 +8.3K +350.19% $0.00 10.7K Jun 28, 2021 Common Stock 8.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Loop Industries, Inc. (the "Issuer") common stock.
F2 All of the RSUs shall be fully vested upon the earlier of the one (1) year anniversary of the grant date or on the day prior to the Issuer's next annual meeting of stockholders occurring after the grant date, in each case, provided that the Reporting Person continues to serve as a non-employee director through the applicable vesting date.