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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by CNInvestingon Aug 14, 2016 12:52am
178 Views
Post# 25139773

RE:Insider Activity

RE:Insider Activity
LatticelnExile wrote: InvestorKen, My search indicates a code "38"  Redemption, retraction, cancellation, repurchase
But these are RSU's not common shares

For other Directors as well ...  looks to me like their grants got cancelled August 8th and the transaction was filed Friday. 



Sounds right. Code 38 could be for cancellation of options. From SEDI:

A cancellation of options requires one transaction:
 
·     report the disposition of the options in a manner similar to an expiration of options
·     use Nature Code 38 – Redemption, retraction, cancellation, repurchase
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