Fady Mansour - 18 Apr 2023 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role: Chief Financial Officer
Signature: /s/ Fady Mansour
Issuer symbol: LOOP
Transactions as of: 18 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 20 Apr 2023, 16:20:32 UTC
Previous filing: 20 Apr 2023
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	+470,000		$0.000000	470,000	18 Apr 2023	Direct	F1

* 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 470,000 restricted stock units ("RSU"), 17.5% of which shall vest upon each of the first four anniversaries of the grant date, and 30% of which shall vest upon the fifth anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.

Content

This reported transaction involved the reporting person's grant of 470,000 restricted stock units ("RSU"), 17.5% of which shall vest upon each of the first four anniversaries of the grant date, and 30% of which shall vest upon the fifth anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.