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"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
| FORM 4 |
| 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
| ( 1 )Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares.|
( 2 )For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars. $137.53 CAD = $103.7801 US
( 3 )One Deferred Share Unit is the economic equivalent of one common share of the Issuer. Deferred Share Units will be settled in cash upon distribution to the reporting person upon such person's retirement and generally do not expire.
( 4 )Each restricted share unit represents a contingent right to receive one share of the Issuer's common shares. Subject to the reporting person's continued service with the Issuer, the award shall vest 50% immediately on the award date and 50% on the first anniversary of the award date.
( 5 )Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 14, 2020 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.
( 6 )Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 15, 2019 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.
|* If the form is filed by more than one reporting person, see Instruction 4(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).|