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Loop Industries, Inc. — Director's Dealing 2019
Jul 2, 2019
34379_dirs_2019-07-01_9a61f630-723d-41db-bfbb-757e5c6a68da.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Loop Industries, Inc. (LOOP)
CIK: 0001504678
Period of Report: 2019-06-27-06:00
Reporting Person: Horn Sidney Mortimer (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-28-06:00 | Common Stock | M | 10205 | — | Acquired | 10205 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-27-06:00 | Restricted Stock Units | $ | A | 18305 | Acquired | Common Stock (18305) | Direct | |
| 2019-06-28-06:00 | Restricted Stock Units | $ | M | 10205 | Disposed | Common Stock (10205) | Direct |
Footnotes
F1: The restricted stock units (the "RSUs") convert into Loop Industries, Inc.'s (the "Issuer") common stock on a one-for-one basis.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: All of the RSUs shall be fully vested subject thereto upon the earlier of the one (1) year anniversary of the grant date or on the day prior to the Issuer's next annual meeting of stockholders occurring after the grant date, in each case, provided that the Reporting Person continues to serve as a non-employee director through the applicable vesting date.
F4: The RSUs vested on June 28, 2019, and were settled on June 28, 2019 in shares of the Issuer's common stock on a one-for-one basis.