Sec Form 3 Filing - Essaddam Adel @ Loop Industries, Inc. - 2025-03-05

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Essaddam Adel
2. Issuer Name and Ticker or Trading Symbol
Loop Industries, Inc. [ LOOP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
C/O 480 FERNAND-POITRAS
3. Date of Earliest Transaction (MM/DD/YY)
03/05/2025
(Street)
TERREBONNE, A8J6Y 1Y4
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 22,497 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock options (right to buy) $ 12 ( 2 ) 09/14/2027 Common Stock 350,000 D
Stock options (right to buy) $ 2.68 ( 3 ) 11/28/2032 Common Stock 324,000 D
Stock options (right to buy) $ 2.89 ( 4 ) 03/07/2034 Common Stock 72,371 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Essaddam Adel
C/O 480 FERNAND-POITRAS
TERREBONNE, A8J6Y 1Y4
Chief Operating Officer
Signatures
/s/ Adel Essaddam 03/17/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )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.
( 4 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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