SEC Form 4 · accession 0001477932-18-003503
Loop Industries, Inc. · LOOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Howard Stubina
Director
Period of report
Jun 28, 2018
Accepted (ET)
Jul 13, 2018 · 4:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001504678
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 11, 2018 | M | 9,560 | — | A | 9,560 | D | |
| Common StockF2 | holding | — | — | — | 75,000 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jun 28, 2018 | A | 13,342 | A | — | — | Common Stock | 13,342 | 22,902 | D |
| Restricted Stock UnitsF1,F5 | — | Jul 11, 2018 | M | 9,560 | D | — | — | Common Stock | 9,560 | 13,342 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Shares are held by Jay Stubina, 6337708 Canada Inc., a corporation duly formed and existing under the laws of Canada and controlled by Jay Stubina.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of Loop Industries, Inc. common stock.
- F4All of the RSUs shall be fully vested on June 28, 2019.
- F5On October 16, 2017, the reporting person was granted 9,560 restricted stock units, vesting in full on May 31, 2018.