Current Report Filing (8-k)
June 30 2017 - 5:07PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
June 30, 2017
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LOOP INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
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Nevada
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000-54786
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27-2094706
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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480 Fernand Poitras
Terrebonne, Quebec, Canada, J6Y 1Y4
(Address of principal executive offices, including zip code)
(450) 951-8555
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).Emerging growth company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 30, 2017, the stockholders of Loop Industries, Inc., a Nevada corporation (the “Company”), elected Leslie A. Murphy as a member of the board of directors of the Company (the “Board”). In addition, Ms. Murphy is expected to be appointed to the Audit Committee of the Board as its chair.
In connection with her election to the Board and appointment to the Audit Committee, the Company plans to grant Restricted Stock Units to Ms. Murphy with a value of $150,000.
Ms. Murphy executed the Company’s standard form of indemnification agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 8.01. Other Events
Adoption of Form of Indemnification Agreement
On June 14, 2017, the Board approved a new form of indemnification agreement (the “Form of Indemnification Agreement”) to enter into with its
current and future directors and executive officers, which is filed as Exhibit 10.1 to this Current Report on Form 8-K. The Form of Indemnification Agreement replaces the previous form of Indemnification Agreement filed as Exhibit 10.10 to the Company’s Annual Report on Form 10-K, filed on May 30, 2017.
Adoption of Revised Audit Committee Charter
On June 14, 2017, the Board revised the Audit Committee Charter (the “Revised Audit Committee Charter”), which is filed as Exhibit 99.1 to this Current Report on Form 8-K. The Revised Audit Committee Charter replaces the previous Audit Committee Charter filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K, filed on January 31, 2017.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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LOOP INDUSTRIES, INC.
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Date: June 30, 2017
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By:
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/s/ D. Jennifer Rhee
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D. Jennifer Rhee
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Chief Financial Officer
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EXHIBIT INDEX
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Exhibit Number
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Description
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10.1
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Form of Indemnification Agreement
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99.1
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Audit Committee Charter adopted by the Board of Directors of Loop Industries, Inc. on June 14, 2017
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