Louise S. Sams - 28 Jun 2023 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role: Director
Signature: /s/ Louise Scott Sams
Issuer symbol: LOOP
Transactions as of: 28 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 30 Jun 2023, 08:45:37 UTC
Previous filing: 02 May 2023
Next filing: 01 Nov 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	+28,841	+105%	$0.000000	56,192	28 Jun 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 28,841 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.

Content

This reported transaction involved the reporting person's grant of 28,841 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.