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

Role: Chief Financial Officer
Signature: /s/ Fady Mansour
Stock symbol: LOOP
Transactions as of: Apr 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/20/2023, 04:20 PM
Previous filing: Apr 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOOP	Common Stock	Award	$0	+470K		$0.00	470K	Apr 18, 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.