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4//SEC Filing

Solomita Daniel 4

Accession 0001654954-19-013439

CIK 0001504678other

Filed

Nov 26, 7:00 PM ET

Accepted

Nov 27, 9:52 PM ET

Size

16.6 KB

Accession

0001654954-19-013439

Insider Transaction Report

Form 4
Period: 2016-02-19
Solomita Daniel
DirectorChief Executive Officer10% Owner
Transactions
  • Purchase

    Common stock

    2016-11-15$0.00/sh+1,600,000$16018,600,000 total(indirect: See footnote)
  • Award

    Common stock

    2019-10-15+4,000,0004,000,000 total
  • Award

    Series A convertible preferred stock

    2016-02-19+11 total
    Exercise: $0.00Common stock (1 underlying)
Footnotes (4)
  • [F1]Daniel Solomita (the "Reporting Person") signed share purchase agreements, dated October 27, 2015, with each of Rocas Limited, Humber AG and Jackson Bennett LLC, to purchase 475,000 shares, 500,000 shares, and 625,000 shares, respectively, of the common stock of Loop Industries, Inc. (the "Issuer"), the transfers were held and were settled on November 15, 2016.
  • [F2]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.
  • [F3]Shares underlying restricted stock units approved by the Board and were issued following the annual general meeting of shareholders of the Issuer, following the shareholder's approval of an increase in the number of shares of common stock reserved under the equity incentive plan. On October 15, 2019, 200,000 restricted stock units were settled.
  • [F4]The convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date.

Issuer

Loop Industries, Inc.

CIK 0001504678

Entity typeother

Related Parties

1
  • filerCIK 0001649149

Filing Metadata

Form type
4
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 9:52 PM ET
Size
16.6 KB