Louise S. Sams - 28 Jun 2022 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role: Director
Signature: /s/ Louise Scott Sams
Issuer symbol: LOOP
Transactions as of: 28 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 30 Jun 2022, 16:15:32 UTC
Previous filing: 03 May 2022
Next filing: 15 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOOP	Common Stock	Award	$0	+16,686	+156%	$0.000000	27,351	28 Jun 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This reported transaction involved the reporting person's grant of 16,686 restricted stock units ("RSU"), which shall fully vest upon the earlier of the one (1) year anniversary of the grant date or on the day prior to Loop Industries, Inc.'s (the "Company") next annual meeting of stockholders occurring after the grant date, provided that the Reporting Person continues to serve as a non-employee director through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.
F2	The reporting person has reported previous awards of RSUs under Table II of Form 4. The total reported in Column 5 includes: (i) the 16,686 newly awarded RSUs and (ii) 10,665 RSUs that had been previously reported in Table II.

Content

This reported transaction involved the reporting person's grant of 16,686 restricted stock units ("RSU"), which shall fully vest upon the earlier of the one (1) year anniversary of the grant date or on the day prior to Loop Industries, Inc.'s (the "Company") next annual meeting of stockholders occurring after the grant date, provided that the Reporting Person continues to serve as a non-employee director through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.

The reporting person has reported previous awards of RSUs under Table II of Form 4. The total reported in Column 5 includes: (i) the 16,686 newly awarded RSUs and (ii) 10,665 RSUs that had been previously reported in Table II.