Adel Essaddam - 05 Mar 2025 Form 3 Insider Report for Loop Industries, Inc. (LOOP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
3
Accepted by SEC
17 Mar 2025, 17:00:54 UTC
Next SEC filing
08 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Adel Essaddam

Key filing fact

Adel Essaddam filed Form 3 for Loop Industries, Inc. (LOOP) on 17 Mar 2025.

Key facts

  • This page summarizes Adel Essaddam's Form 3 filing for Loop Industries, Inc. (LOOP).
  • 0 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2025, 17:00.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

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

LOOP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
22,497
Date
05 Mar 2025
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LOOP holding Derivative

Stock options (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
350,000
Exercise price
$12.00
Footnotes
F2
LOOP holding Derivative

Stock options (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
324,000
Exercise price
$2.68
Footnotes
F3
LOOP holding Derivative

Stock options (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
72,371
Exercise price
$2.89
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Consists of 2,000 shares of common stock and 20,497 restricted stock units ("RSU"), 4,099 of which vested on March 19, 2024, 4,099 of which shall vest on March 19, 2025 and 12,299 of which shall vest on March 19, 2026, provided that the Reporting Person continues to be employed by Loop Industries, Inc. (the "Company") through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.

Footnote F2

This option became vested and exercisable as to 100,000 shares on September 14, 2017. The option became fully vested and exercisable on September 14, 2022.

Footnote F3

This option became vested and exercisable as to 100,000 shares on November 28, 2022, 50,000 shares on November 28, 2023, and 50,000 shares on November 28, 2024. It will become vested and exercisable as to 50,000 shares on November 28, 2025, 50,000 shares on November 28, 2026, and 24,000 shares on November 28, 2027, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.

Footnote F4

The option became vested and exercisable as to 18,092 shares on March 7, 2025. The remaining 54,279 shares will vest and become exercisable ratably in equal tranches on March 7, 2026, March 7, 2027, and March 7, 2028, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.

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