Key facts
- This page summarizes Andrew Lapham's Form 4 filing for Loop Industries, Inc. (LOOP).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 29 Jun 2023, 16:17.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
No transaction description listed
Additional SEC filing notes
Footnote 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.
Footnote F2
Andrew Lapham may be deemed to beneficially own indirectly, in the aggregate, 4,053,567 shares of the Company's common stock by reason of his 50% ownership in the voting shares of Northern Private Capital Holdings Ltd., which holds a special limited partnership interest in Northern Private Capital Fund I Limited Partnership, a Canadian limited partnership ("NPC I LP"). In addition, Mr. Lapham owns 50% of the voting shares of each of Northern Private Capital GP I Ltd. (the general partner of NPC I LP) and Northern Private Capital Ltd. (the manager of NPC I LP).
Footnote F3
The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.