Filing Details
- Accession Number:
- 0001654954-19-013439
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-27 21:52:06
- Reporting Period:
- 2016-02-19
- Accepted Time:
- 2019-11-27 21:52:06
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1504678 | Loop Industries Inc. | LOOP | Chemicals & Allied Products (2800) | 272094706 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1649149 | Daniel Solomita | 480 Fernand Poitras Terrebonne A8 J6Y1Y4 | President And Ceo | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-11-15 | 1,600,000 | $0.00 | 18,600,000 | No | 4 | P | Indirect | See footnote |
| Common Stock | Acquisiton | 2019-10-15 | 4,000,000 | $0.00 | 4,000,000 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See footnote |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series A convertible preferred stock | Acquisiton | 2016-02-19 | 1 | $0.00 | 1 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1 | No | 4 | A | Direct |
Footnotes
- 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.
- 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.
- 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.
- The convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date.
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