Loop Industries Inc.

07/22/2025 | Press release | Distributed by Public on 07/22/2025 15:47

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CATINO GIOVANNI
2. Date of Event Requiring Statement (Month/Day/Year)
05/22/2025
3. Issuer Name and Ticker or Trading Symbol
Loop Industries, Inc. [LOOP]
(Last) (First) (Middle)
480 FERNAND POITRAS
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Revenue Officer
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
TERREBONNE, A8 J6Y1Y4
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 379,455(1) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock options (right to buy) (2) 08/28/2027 Common Stock 380,000 $5.25 D
Stock options (right to buy) (3) 11/28/2032 Common Stock 324,000 $2.68 D
Stock options (right to buy) (4) 03/07/2034 Common Stock 72,371 $2.89 D
Stock options (right to buy) (5) 04/04/2035 Common Stock 200,000 $1.16 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CATINO GIOVANNI
480 FERNAND POITRAS
TERREBONNE, A8 J6Y1Y4
Chief Revenue Officer

Signatures

/s/ G. Catino 07/22/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Consists of 329,031 shares of common stock and 50,424 restricted stock units ("RSU"), 10,084 of which vested on March 19, 2024, 10,084 of which vested on March 19, 2025, and 30,256 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. The 20,168 vested RSUs are under a deferred settlement agreement.
(2) This option became fully vested and exercisable on August 28, 2021.
(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.
(5) This option will vest and become exercisable ratably in equal tranches on April 4, 2026, April 4, 2027, and April 4, 2028, provided that the Reporting Person continues to be employed by the Company through the applicable vesting date.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Loop Industries Inc. published this content on July 22, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on July 22, 2025 at 21:47 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io