Stock options exercised since Q3I tend not to pay much attention to options being exercised. However this is a pretty significant amount that have been exercised since Q3. This might help explain why the share price has been depressed, not so much from the options but the dilutive effects that they incur. Keep in mind how long these stock options have been held given the exercise price at which they were all sold. Significantly lower than today's price. Insiders have still made many purchases this year in addition to the great options they already held....
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price Dec 21/15 Dec 16/15 Fournel, Lise Direct Ownership Class B Voting Shares 10 - Disposition in the public market -3,900 $10.40
Dec 21/15 Dec 16/15 Fournel, Lise Direct Ownership Class B Voting Shares 51 - Exercise of options 3,900 $2.34
Dec 21/15 Dec 16/15 Fournel, Lise Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -3,900 $2.34
Dec 16/15 Dec 16/15 Shapiro, David Direct Ownership Class B Voting Shares 10 - Disposition in the public market -20,924 $10.41
Dec 16/15 Dec 16/15 Shapiro, David Direct Ownership Class B Voting Shares 51 - Exercise of options 20,924 $2.34
Dec 16/15 Dec 16/15 Shapiro, David Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -20,924 $2.34
Dec 16/15 Dec 16/15 Shapiro, David Direct Ownership Class B Voting Shares 10 - Disposition in the public market -30,000 $10.38
Dec 16/15 Dec 16/15 Shapiro, David Direct Ownership Class B Voting Shares 51 - Exercise of options 30,000 $2.34
Dec 16/15 Dec 16/15 Shapiro, David Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -30,000 $2.34
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -7,256 $10.49
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 7,256 $3.02
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -7,256 $3.02
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -5,288 $10.46
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 5,288 $0.960
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -5,288 $0.960
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -7,062 $10.46
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 7,062 $2.34
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -7,062 $2.34
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -7,250 $10.48
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 7,250 $2.34
Dec 16/15 Dec 16/15 Kazzaz, Amos Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -7,250 $2.34
Dec 16/15 Dec 16/15 Fournel, Lise Direct Ownership Class B Voting Shares 10 - Disposition in the public market -25,000 $10.50
Dec 16/15 Dec 16/15 Fournel, Lise Direct Ownership Class B Voting Shares 51 - Exercise of options 25,000 $2.34
Dec 16/15 Dec 16/15 Fournel, Lise Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -25,000 $2.34
Dec 18/15 Dec 15/15 Rousseau, Michael Stewart Direct Ownership Class B Voting Shares 10 - Disposition in the public market -132,800 $10.38
Dec 18/15 Dec 15/15 Rousseau, Michael Stewart Direct Ownership Class B Voting Shares 51 - Exercise of options 132,800 $2.34
Dec 18/15 Dec 15/15 Rousseau, Michael Stewart Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -132,800 $2.34
Dec 14/15 Dec 11/15 Dufresne, Yves Direct Ownership Class B Voting Shares 10 - Disposition in the public market -10,000 $10.75
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 10 - Disposition in the public market -5,000 $10.89
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 51 - Exercise of options 5,000 $2.49
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -5,000 $2.49
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 10 - Disposition in the public market -7,694 $10.73
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 51 - Exercise of options 7,694 $3.04
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -7,694 $3.04
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 10 - Disposition in the public market -5,509 $10.89
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 51 - Exercise of options 5,509 $0.960
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -5,509 $0.960
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 10 - Disposition in the public market -7,350 $10.73
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Class B Voting Shares 51 - Exercise of options 7,350 $2.34
Dec 11/15 Dec 11/15 Guillemette, Lucie Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -7,350 $2.34
Dec 11/15 Dec 11/15 Forget, Marcel Direct Ownership Class B Voting Shares 10 - Disposition in the public market -9,337 $10.73
Dec 11/15 Dec 11/15 Forget, Marcel Direct Ownership Class B Voting Shares 51 - Exercise of options 9,337 $2.34
Dec 11/15 Dec 11/15 Forget, Marcel Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -9,337 $2.34
Dec 11/15 Dec 11/15 Forget, Marcel Direct Ownership Class B Voting Shares 10 - Disposition in the public market -37,350 $10.73
Dec 11/15 Dec 11/15 Forget, Marcel Direct Ownership Class B Voting Shares 51 - Exercise of options 37,350 $2.34
Dec 11/15 Dec 11/15 Forget, Marcel Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -37,350 $2.34
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -9,584 $10.55
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 9,584 $5.35
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -9,584 $5.35
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -15,000 $10.56
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 15,000 $2.49
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -15,000 $2.49
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -42,128 $10.54
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 42,128 $3.02
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -42,128 $3.02
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -65,000 $10.55
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 65,000 $1.28
Dec 10/15 Dec 8/15 Goersch, Klaus Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -65,000 $1.28
Dec 8/15 Dec 8/15 Houle, Pierre Direct Ownership Class B Voting Shares 10 - Disposition in the public market -560 $10.58
Dec 8/15 Dec 8/15 Houle, Pierre Direct Ownership Class B Voting Shares 51 - Exercise of options 560 $5.39
Dec 8/15 Dec 8/15 Houle, Pierre Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -560 $5.39
Dec 8/15 Dec 8/15 Houle, Pierre Direct Ownership Class B Voting Shares 10 - Disposition in the public market -1,208 $10.58
Dec 8/15 Dec 8/15 Houle, Pierre Direct Ownership Class B Voting Shares 51 - Exercise of options 1,208 $0.960
Dec 8/15 Dec 8/15 Houle, Pierre Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -1,208 $0.960
Dec 7/15 Dec 7/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -6,000 $10.55
Dec 7/15 Dec 7/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 6,000 $2.34
Dec 7/15 Dec 7/15 Kazzaz, Amos Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -6,000 $2.34
Dec 7/15 Dec 4/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 10 - Disposition in the public market -6,000 $10.55
Dec 7/15 Dec 4/15 Kazzaz, Amos Direct Ownership Class A Variable Voting Shares 51 - Exercise of options 6,000 $2.34
Dec 7/15 Dec 4/15 Kazzaz, Amos Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -6,000 $2.34
Nov 25/15 Nov 24/15 Howlett, Kevin C. Direct Ownership Class B Voting Shares 10 - Disposition in the public market -18,750 $10.59
Nov 25/15 Nov 24/15 Howlett, Kevin C. Direct Ownership Class B Voting Shares 51 - Exercise of options 18,750 $1.59
Nov 25/15 Nov 24/15 Howlett, Kevin C. Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -18,750 $1.59
Dec 2/15 Nov 23/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase -200,000 Dec 2/15 Nov 23/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase 200,000 $10.98
Dec 2/15 Nov 20/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase -200,000 Dec 2/15 Nov 20/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase 200,000 $11.08
Nov 20/15 Nov 20/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -14,989 $11.12
Nov 20/15 Nov 20/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 40,000 $0.970
Nov 20/15 Nov 20/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -40,000 $0.970
Dec 2/15 Nov 19/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase -200,000 Dec 2/15 Nov 19/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase 200,000 $11.18
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -17,300 $11.18
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 17,300 $0.970
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -17,300 $0.970
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -2,700 $11.16
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 2,700 $0.970
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -2,700 $0.970
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -20,000 $11.15
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 20,000 $0.970
Nov 20/15 Nov 19/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -20,000 $0.970
Dec 2/15 Nov 18/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase -200,000 Dec 2/15 Nov 18/15 Air Canada Direct Ownership Class B Voting Shares 38 - Redemption, retraction, cancellation, repurchase 200,000 $11.09
Nov 20/15 Nov 18/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -20,000 $11.20
Nov 20/15 Nov 18/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 20,000 $0.970
Nov 20/15 Nov 18/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -20,000 $0.970
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -30,000 $11.13
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 30,000 $0.970
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -30,000 $0.970
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -40,000 $11.10
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 40,000 $0.970
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -40,000 $0.970
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 10 - Disposition in the public market -30,000 $11.07
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Class B Voting Shares 51 - Exercise of options 30,000 $0.970
Nov 20/15 Nov 16/15 Rovinescu, Calin Direct Ownership Options 51 - Exercise of options -30,000 $0.970
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Class B Voting Shares 10 - Disposition in the public market -4,244 $11.91
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Class B Voting Shares 51 - Exercise of options 4,244 $5.39
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -4,244 $5.39
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Class B Voting Shares 10 - Disposition in the public market -5,937 $11.91
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Class B Voting Shares 51 - Exercise of options 5,937 $3.04
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -5,937 $3.04
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Class B Voting Shares 10 - Disposition in the public market -12,500 $11.91
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Class B Voting Shares 51 - Exercise of options 12,500 $1.28
Nov 11/15 Nov 10/15 Friisdahl, Michael Jeppe Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -12,500 $1.28
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Class B Voting Shares 10 - Disposition in the public market -1,893 $11.92
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Class B Voting Shares 51 - Exercise of options 1,893 $5.39
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -1,893 $5.39
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Class B Voting Shares 10 - Disposition in the public market -5,800 $11.97
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Class B Voting Shares 51 - Exercise of options 5,800 $2.34
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -5,800 $2.34
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Class B Voting Shares 10 - Disposition in the public market -23,200 $11.97
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Class B Voting Shares 51 - Exercise of options 23,200 $2.34
Nov 11/15 Nov 9/15 Leblanc, Priscille Direct Ownership Options (Long-Term Incentive Plan) 51 - Exercise of options -23,200 $2.34
Oct 2/15 Oct 1/15 Paquin, Madeleine Direct Ownership - See more at: https://www.canadianinsider.com/company?menu_tickersearch=AC%20%7C%20Air%20Canada#sthash.aRdwXT3d.dpuf