4//SEC Filing
Solomita Daniel 4
Accession 0001654954-24-015863
CIK 0001504678other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:05 PM ET
Size
9.3 KB
Accession
0001654954-24-015863
Insider Transaction Report
Form 4
Solomita Daniel
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Common Stock
2024-12-17$1.57/sh−40,000$62,800→ 508,722 total - Sale
Common Stock
2024-12-16$1.56/sh−61,278$95,594→ 548,722 total
Holdings
- 18,600,000(indirect: See Footnote)
Common Stock
- 3,400,000
Common Stock
Footnotes (5)
- [F1]These reported transactions, which were completed solely for tax purposes, involved the reporting person's sales of an aggregate 101,278 shares of the Company's common stock which occurred over the course of two trading days. The aggregate number of shares sold represents less than 1% of the reporting person's total ownership before and after the reported transactions.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.65 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $1.55 to $1.60 per share inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]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.
- [F5]Shares underlying restricted stock units approved by the Board and were issued following the 2019 annual general meeting of shareholders of the Issuer, following the shareholders' approval of an increase in the number of shares of common stock reserved under the equity incentive plan. On October 15 of 2019, 2020, and 2021, each, 200,000 restricted stock units were settled. The settled shares, after deducting the sold shares described in Footnote (1), are shown in the second row of Column 5 above.
Documents
Issuer
Loop Industries, Inc.
CIK 0001504678
Entity typeother
Related Parties
1- filerCIK 0001649149
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:05 PM ET
- Size
- 9.3 KB