Laurence G. Sellyn - Jun 28, 2022 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role: Director
Signature: /s/ Laurence G. Sellyn
Stock symbol: LOOP
Transactions as of: Jun 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/30/2022, 04:15 PM
Previous filing: Jun 30, 2021
Next filing: Jun 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOOP	Common Stock	Award	$0	+16.7K	+19.33%	$0.00	103K	Jun 28, 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, (ii) 74,605 RSUs that had been previously reported in Table II, and (iii) 11,695 shares of common stock.

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, (ii) 74,605 RSUs that had been previously reported in Table II, and (iii) 11,695 shares of common stock.