Adel Essaddam - Mar 5, 2025 Form 3 Insider Report for Loop Industries, Inc. (LOOP)

Role: Chief Operating Officer
Signature: /s/ Adel Essaddam
Stock symbol: LOOP
Transactions as of: Mar 5, 2025
Transactions value $: $0
Form type: 3
Date filed: 3/17/2025, 05:00 PM
Next filing: Apr 8, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LOOP	Common Stock						22.5K	Mar 5, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	LOOP	Stock options (right to buy)							Mar 5, 2025	Common Stock	350K	$12.00	Direct	F2
holding	LOOP	Stock options (right to buy)							Mar 5, 2025	Common Stock	324K	$2.68	Direct	F3
holding	LOOP	Stock options (right to buy)							Mar 5, 2025	Common Stock	72.4K	$2.89	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.