X0306 4 2017-11-30 1 0000875296 LAPOLLA INDUSTRIES INC LPAD 0001720480 SPADACCINI JOSEPH C/O KAMSON CORPORATION 270 SYLVAN AVENUE ENGLEWOOD CLIFFS NJ 07632 0 0 1 0 0001720477 JARE INVESTMENT LLC C/O KAMSON CORPORATION 270 SYLVAN AVENUE ENGLEWOOD CLIFFS NJ 07632 0 0 1 0 Common Stock, PV $.01 2017-11-30 4 U 0 16473960 1.03 D 0 I By JARE Investment LLC Effective November 30, 2017, pursuant to that certain Agreement and Plan of Merger, dated October 4, 2017, by and among Icynene U.S. Holding Corp. ("Parent"), Blaze Merger Sub Inc., a wholly owned subsidiary of Parent ("Merger Sub"), and Lapolla Industries, Inc. (the "Issuer"), Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and as a wholly owned subsidiary of Parent (the "Merger"). As consideration for the Merger, each share of Issuer common stock was cancelled and extinguished and converted into the right to receive $1.03 in cash. Mr. Spadaccini is the managing member of JARE Investment LLC and may be deemed to beneficially own the securities held by JARE Investment LLC. Mr. Spadaccini disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. Mr. Spadaccini states that neither the filing of this statement nor anything herein shall be deemed an admission that Mr. Spadaccini is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these securities. By: /s/ Joseph Spadaccini 2017-11-30 JARE Investment LLC, By: /s/ Joseph Spadaccini, managing member 2017-11-30