Daniel Solomita - Dec 16, 2024 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ Daniel Solomita
Stock symbol: LOOP
Transactions as of: Dec 16, 2024
Transactions value $: -$158,394
Form type: 4
Date filed: 12/23/2024, 04:05 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOOP	Common Stock	Sale	-$95.6K	-61.3K	-10.05%	$1.56	549K	Dec 16, 2024	Direct	F1, F2
transaction	LOOP	Common Stock	Sale	-$62.8K	-40K	-7.29%	$1.57	509K	Dec 17, 2024	Direct	F1, F3
holding	LOOP	Common Stock						18.6M	Dec 16, 2024	See Footnote	F4
holding	LOOP	Common Stock						3.4M	Dec 16, 2024	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These reported transactions, which were completed solely for tax purposes, involved the reporting person's sales of an aggregate 101,278 shares of the Company's common stock which occurred over the course of two trading days. The aggregate number of shares sold represents less than 1% of the reporting person's total ownership before and after the reported transactions.
F2	Weighted average price. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.65 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3	Weighted average price. These shares were sold in multiple transactions at prices ranging from $1.55 to $1.60 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4	Shares held through 10036552 Canada Inc., a Canadian corporation that is wholly-owned by Daniel Solomita, pursuant to an exchange agreement, dated May 31, 2017.
F5	Shares underlying restricted stock units approved by the Board and were issued following the 2019 annual general meeting of shareholders of the Issuer, following the shareholders' approval of an increase in the number of shares of common stock reserved under the equity incentive plan. On October 15 of 2019, 2020, and 2021, each, 200,000 restricted stock units were settled. The settled shares, after deducting the sold shares described in Footnote (1), are shown in the second row of Column 5 above.