Loop Industries, Inc. — Director's Dealing 2024

Dec 23, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Loop Industries, Inc. (LOOP)
CIK: 0001504678
Period of Report: 2024-12-16

Reporting Person: Solomita Daniel (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-16	Common Stock	S	61278	$1.56	Disposed	548722	Direct
2024-12-17	Common Stock	S	40000	$1.57	Disposed	508722	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18600000	Indirect
Common Stock	3400000	Direct

Footnotes

F1: These reported transactions, which were completed solely for tax purposes, involved the reporting person's sales of an aggregate 101,278 shares of the Company's common stock which occurred over the course of two trading days. The aggregate number of shares sold represents less than 1% of the reporting person's total ownership before and after the reported transactions.

F2: Weighted average price. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.65 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

F3: Weighted average price. These shares were sold in multiple transactions at prices ranging from $1.55 to $1.60 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

F4: Shares held through 10036552 Canada Inc., a Canadian corporation that is wholly-owned by Daniel Solomita, pursuant to an exchange agreement, dated May 31, 2017.

F5: Shares underlying restricted stock units approved by the Board and were issued following the 2019 annual general meeting of shareholders of the Issuer, following the shareholders' approval of an increase in the number of shares of common stock reserved under the equity incentive plan. On October 15 of 2019, 2020, and 2021, each, 200,000 restricted stock units were settled. The settled shares, after deducting the sold shares described in Footnote (1), are shown in the second row of Column 5 above.