RE:Backing Up jollnik6: insider sale of sharesAdding the specifics - On July 23 Tom E excercised 281,294 Rights to acquire 281,294 shares, and he sold 109,994 shares on the same day. The conclusion that he sold the 109,994 shares (which are 39% of the 281,294) to pay tax seems more than plausible.
Really not relevent to the issue, but my guess is Tom is both a US citizen and also lives in the USA, so I believe that means USA tax applies, not Cdn tax.