Sec Form 3 Filing - Rhee Dolrae Jennifer @ Loop Industries, Inc. - 2017-04-03-06:00

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 Rhee Dolrae Jennifer 2. Issuer Name and Ticker or Trading Symbol Loop Industries, Inc. [ LLPP] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 119 LAURIER ST. 3. Date of Earliest Transaction (MM/DD/YY) 04/03-06:00/2017 (Street) DOLLAR-DES-ORMEAUX, A8H9B 3B1 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

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 Warrant $ 5.25 ( 1 ) ( 1 ) Common stock, par value $0.0001 per share 400,000 D Warrant $ 5.25 ( 2 ) ( 2 ) Common stock, par value $0.0001 per share 50,000 D Warrant $ 5.25 ( 3 ) ( 3 ) Common stock, par value $0.0001 per share 50,000 D Warrant $ 5.25 ( 4 ) ( 4 ) Common stock, par value $0.0001 per share 50,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Rhee Dolrae Jennifer 119 LAURIER ST. DOLLAR-DES-ORMEAUX, A8H9B 3B1 Chief Financial Officer Signatures /s/ D. Jennifer Rhee 04/20-06:00/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Pursuant to the terms of that certain Loop Canada Inc. Employment Agreement (the "Employment Agreement"), dated March 17, 2017, by and between Loop Canada Inc., a federal Canada corporation ("Loop Canada") and wholly owned subsidiary of the Company, and D. Jennifer Rhee, effective April 3, 2017, subject to approval of the board of directors of Loop Canada, Ms. Rhee may receive, as a bonus, 400,000 warrants to purchase common stock of Loop Industries, Inc., at an exercise price of $5.25, which warrant vests quarterly, in equal amounts, over 24 months, beginning April 3, 2017. The term of such warrant would be subject to the determination of the board of directors of Loop Canada. In the event there is a "change of control" (as such term is defined in the Employment Agreement), the warrant shall immediately vest. ( 2 )Pursuant to the terms of the Employment Agreement, Ms. Rhee may receive, as a bonus, a warrant to purchase 50,000 shares of common stock of Loop Industries, Inc., at an exercise price of $5.25, which warrant vests at the completion of the first full-scale production facility of Loop Industries, Inc., which produces a minimum of 10,000 M/T per year of PTA & MEG. The term of such warrant would be subject to the determination of the board of directors of Loop Canada. In the event there is a "change of control" (as such term is defined in the Employment Agreement), the warrant shall immediately vest. ( 3 )Pursuant to the terms of the Employment Agreement, Ms. Rhee may receive, as a bonus, a warrant to purchase 50,000 shares of common stock, at an exercise price of $5.25, which warrant vests once Loop Industries, Inc. delivers a minimum of 10,000 M/T per year of PTA & MEG or PET to a commercial client. The term of such warrant would be subject to the determination of the board of directors of Loop Canada. In the event there is a "change of control" (as such term is defined in the Employment Agreement), the warrant shall immediately vest. ( 4 )Pursuant to the terms of the Employment Agreement, Ms. Rhee may receive, as a bonus, a warrant to purchase 50,000 warrants to purchase common stock of Loop Industries, Inc., at an exercise price of $5.25, that vests at the completion of the second full-scale production facility producing a minimum of 40,000 M/T per year of PTA & MEG. The term of such warrant would be subject to the determination of the board of directors of Loop Canada. In the event there is a "change of control" (as such term is defined in the Employment Agreement), the warrant shall immediately vest.

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).

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