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Loop Industries, Inc. — Director's Dealing 2019
Mar 8, 2019
34379_dirs_2019-03-07_5eeb484a-6ead-473f-b7cf-df7f76487396.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: 2019-03-05-07:00
Reporting Person: Switzer Nelson (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-05-07:00 | Restricted Stock Units | $ | A | 10723 | Acquired | Common Stock (10723) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Loop Industries, Inc. common stock.
F2: 1/3rd of the shares subject to this grant shall be scheduled to vest on each of the first three anniversaries of the grant date, subject to Mr. Switzer continuing to be a Service Provider (as defined in the Switzer Employment Agreement, filed with the SEC on July 10, 2018 as Exhibit 10.12 to the Loop Industries, Inc. Form 10-Q/A for first quarter of fiscal year 2019) through each such date and any applicable terms set forth in the Switzer Employment Agreement (including with respect to a termination without Serious Reason (as defined in the Switzer Employment Agreement).