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Loop Industries, Inc. — Director's Dealing 2020
Oct 7, 2020
34379_dirs_2020-10-07_3b9bb949-03d5-4400-aeb0-7ade6e3f8167.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Loop Industries, Inc. (LOOP)
CIK: 0001504678
Period of Report: 2020-10-06
Reporting Person: Morin Sheila (N/A)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted stock units | $ | Common stock (19516) | Direct |
Footnotes
F1: The restricted stock units ("RSU") shall vest on the following date (each a "Vesting Date"), subject to the Reporting Person continuing to be a service provider through such date: Sept. 21, 2022: 20%, Sept. 21, 2023: 20%, Sept. 21, 2024: 20%, and Sept. 21, 2025: 40%. The shares of Loop Industries, Inc.'s (the "Issuer") common stock delivered pursuant to these RSUs shall be delivered within 60 days following each Vesting Date.
F2: Each represents a contingent right to receive one share of the Issuer's common stock.
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