SEC Form 4 · accession 0001477932-18-002862
Loop Industries, Inc. · LOOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence G. Sellyn
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 1, 2018 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001504678
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock OptionsF1,F2 | — | Jun 1, 2018 | A | 25,000 | A | — | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Loop Industries, Inc. common stock.
- F2The RSUs vest in one-fifth increments on May 31 of each year until such RSUs are fully vested on 05/31/2023, subject to Participant continuing to be a Director of the Board of Directors of Loop Industries, Inc. through each such date.