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Loop Industries, Inc. Director's Dealing 2025

Mar 17, 2025

34379_dirs_2025-03-17_480632c7-fae8-4b4f-8f47-43d59f4a78ea.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: 2025-03-05

Reporting Person: Essaddam Adel (N/A)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 22497 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock options (right to buy) $12.00 2027-09-14 Common Stock (350000) Direct
Stock options (right to buy) $2.68 2032-11-28 Common Stock (324000) Direct
Stock options (right to buy) $2.89 2034-03-07 Common Stock (72371) Direct

Footnotes

F1: Consists of 2,000 shares of common stock and 20,497 restricted stock units ("RSU"), 4,099 of which vested on March 19, 2024, 4,099 of which shall vest on March 19, 2025 and 12,299 of which shall vest on March 19, 2026, provided that the Reporting Person continues to be employed by Loop Industries, Inc. (the "Company") through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Company's common stock.

F2: This option became vested and exercisable as to 100,000 shares on September 14, 2017. The option became fully vested and exercisable on September 14, 2022.

F3: This option became vested and exercisable as to 100,000 shares on November 28, 2022, 50,000 shares on November 28, 2023, and 50,000 shares on November 28, 2024. It will become vested and exercisable as to 50,000 shares on November 28, 2025, 50,000 shares on November 28, 2026, and 24,000 shares on November 28, 2027, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.

F4: The option became vested and exercisable as to 18,092 shares on March 7, 2025. The remaining 54,279 shares will vest and become exercisable ratably in equal tranches on March 7, 2026, March 7, 2027, and March 7, 2028, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.