FORM 4 [ ] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Northern Private Capital Fund I Limited Partnership 2. Issuer Name and Ticker or Trading Symbol Loop Industries, Inc. [ LOOP ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)         (First)         (Middle)
135 YORKVILLE AVENUE, 9TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)
9/22/2020
(Street)
TORONTO, A6 M5R 0C7
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, par value $0.0001 per share  9/22/2020    J    1021499  D  (1)(2) 3032068  D (1)(2)(4)  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Option (right to buy)   (3) 9/22/2020    J        1031579    (3)  (3) Common Stock, par value $0.0001  1031579   (3) 3061988  D (3)(4)  

Explanation of Responses:
(1)  On May 29, 2019, Loop Industries, Inc. (the "Issuer") entered into a securities purchase agreement by and among the Issuer, the Reporting Person, and Daniel Solomita ("Solomita"), in his individual capacity and solely for the purposes of the voting arrangement (the "SPA"). On June 14, 2019, the parties to the SPA entered into an amendment to such SPA, and closed on the registered direct offering (the "Offering").
(2)  Since the date of the Offering, the Reporting Person has held 1,021,499 shares of Common Stock acquired in the Offering in trust for Northern Private Capital Fund I Non-Resident Limited Partnership ("NPC I NR LP"), a sister limited partnership controlled by NPC I LP's general partner, Northern Private Capital GP I Ltd., and managed by Northern Private Capital Ltd., which is also the manager of the Reporting Person. On September 22, 2020, the Reporting Person transferred registered ownership of 1,021,499 shares of Common Stock to NPC I NR LP.
(3)  Pursuant to the Offering, the Reporting Person acquired options to purchase up to an additional 4,093,567 shares of Common Stock at an exercise price of $11.00 per share, which vested on December 15, 2019 and are exercisable until June 14, 2022 (the "Options"). Since the date of the Offering, the Reporting Person has held 1,031,579 Options in trust for NPC I NR LP. On September 22, 2020, the Reporting Person transferred registered ownership of 1,031,579 Options to NPC I NR LP.
(4)  The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Northern Private Capital Fund I Limited Partnership
135 YORKVILLE AVENUE
9TH FLOOR
TORONTO, A6 M5R 0C7

X


Signatures
/s/ Andrew Lapham 2/22/2021
**Signature of Reporting Person Date