Loop Industries, Inc. — Director's Dealing 2019

Mar 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Loop Industries, Inc. (LOOP)
CIK: 0001504678
Period of Report: 2019-03-01-07:00

Reporting Person: Switzer Nelson (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-01-07:00	Restricted Stock Units	$	A	11737	Acquired		Common Stock (11737)	Direct
2019-03-01-07:00	Stock Option (Right to Buy)	$8.75	A	16683	Acquired		Common Stock (16683)	Direct

Footnotes

F1: On January 21, 2019, Mr. Switzer (the "Reporting Person") was granted 27,616 restricted stock units (the "RSUs"), subject to performance-based and time-based vesting requirements. These RSUs became eligible for time-based vesting upon the satisfaction of certain performance criteria on March 1, 2019. 3,913 of the shares subject to this grant shall vest on March 1, 2020, 3,912 shares shall be subject to vest on March 1, 2021, and 3,912 shares shall be subject to vest on March 1, 2022, subject to the Reporting Person 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)).

F2: On January 21, 2019, the Reporting Person was granted an option to purchase 26,693 shares of Loop Industries, Inc. common stock, subject to performance-based and time-based vesting requirements. The options became eligible for time-based vesting upon the satisfaction of certain performance criteria on March 1, 2019. 5,561 of the shares subject to this grant shall vest on March 1, 2020, 5,561 shares shall be subject to vest on March 1, 2021, and 5,561 shares shall be subject to vest on March 1, 2022, subject to the Reporting Person continuing to be a Service Provider through each such date and any applicable terms set forth in the Switzer Employment Agreement (including with respect to a termination without Serious Reason).