Andrew Lapham - 28 Jun 2023 Form 4 Insider Report for Loop Industries, Inc. (LOOP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 Jun 2023, 16:17:01 UTC
Prior SEC filing
30 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Andrew Lapham

Key filing fact

Andrew Lapham filed Form 4 for Loop Industries, Inc. (LOOP) on 29 Jun 2023.

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.

Change

  • Previous filing in this sequence was filed on 30 Jun 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LOOP transaction

Common Stock

Award

Transaction value
$0
Shares
+28,841
Change %
+55%
Price
$0.000000
Shares after
81,518
Date
28 Jun 2023
Ownership
Direct
Footnotes
F1
LOOP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,053,567
Date
28 Jun 2023
Ownership
See Footnotes
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

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.

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