Jay Stubina - Jun 28, 2022 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role
Director
Signature
/s/ Jay Stubina
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 +28.2% $0.00 75.9K Jun 28, 2022 Direct F1, F2
holding LOOP Common Stock 85K Jun 28, 2022 See footnote F3
* 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) 49,605 RSUs that had been previously reported in Table II, and (iii) 9,560 shares of common stock.
F3 Shares are held by 6337708 Canada Inc., a corporation duly formed and existing under the laws of Canada and controlled by Jay Stubina.