Andrew Lapham - 28 Jun 2021 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role
Director
Signature
/s/ Andrew Lapham
Issuer symbol
LOOP
Transactions as of
28 Jun 2021
Transactions value $
$0
Form type
4
Filing time
30 Jun 2021, 21:47:52 UTC
Next filing
30 Jun 2022
SEC
View on sec.gov

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 +8.3K +29.95% $0.00 36K 28 Jun 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.