Loop Industries, Inc. — Director's Dealing 2019

Jun 25, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Loop Industries, Inc. (LOOP)
CIK: 0001504678
Period of Report: 2019-06-14-06:00

Reporting Person: Lapham Andrew (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.0001 per share	4093567	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (right to buy)	$		Common Stock, par value $0.0001 (4093567)		Direct

Footnotes

F1: On May 29, 2019, Loop Industries, Inc. (the "Issuer") entered into a securities purchase agreement by and among the Issuer, Northern Private Capital Fund I Limited Partnership, a Canadian limited partnership ("NPC I LP"), and Daniel Solomita ("Solomita"), in his individual capacity and solely for the purposes of the voting arrangement (the "SPA"). On June 14, 2019, the parties to the SPA entered into an amendment to such SPA, and closed on the registered direct offering (the "Offering").

F2: Andrew Lapham may be deemed to beneficially own indirectly, in the aggregate, 4,093,567 shares of Common Stock, $0.0001 par value per share ("Common Stock"), of the Issuer by reason of his 50% ownership in the voting shares of Northern Private Capital Holdings Ltd., which holds a special limited partnership interest in 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).

F3: Pursuant to the Offering, NPC I LP acquired options to purchase up to an additional 4,093,567 shares of the Issuer's Common Stock at an exercise price of $11.00 per share, which shall vest on December 15, 2019 and are exercisable for three years following the closing of the Offering.

F4: The Reporting Person disclaims beneficial ownership of these shares.