Jay Stubina - Jun 28, 2024 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role: Director
Signature: /s/ Jay Stubina
Stock symbol: LOOP
Transactions as of: Jun 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/2/2024, 04:25 PM
Previous 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	+36.1K	+34.45%	$0.00	141K	Jun 28, 2024	Direct	F1
holding	LOOP	Common Stock						85K	Jun 28, 2024	See footnote	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 36,069 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	Shares are held by 6337708 Canada Inc., a corporation duly formed and existing under the laws of Canada and controlled by Jay Stubina.

Content

This reported transaction involved the reporting person's grant of 36,069 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.

Shares are held by 6337708 Canada Inc., a corporation duly formed and existing under the laws of Canada and controlled by Jay Stubina.