Canacol Energy Ltd (Alberta) T.CNE

All of Management Selling RSU's... ??????

[oilwatcher13]

All of them are selling... what does that say to the confidence in management... just sayin...!!!

JMHO

Feb 28/21	Feb 25/21	Hibberd, Michael John	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-18,000	$3.52
Feb 25/21	Feb 25/21	Sharma, Ravi	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-45,000
Feb 25/21	Feb 25/21	Zaidi, Anthony Amar	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-45,000
Feb 25/21	Feb 25/21	Gamba, Charle	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-80,000
Feb 25/21	Feb 25/21	Fernandez-Tinoco, Gonzalo	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-13,500
Feb 25/21	Feb 25/21	Elliott, Greg	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-13,000
Feb 25/21	Feb 25/21	Diaz Salazar, Francisco	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-13,000
Feb 25/21	Feb 25/21	Whitmore, Tracy Lynn	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-36,000
Feb 25/21	Feb 25/21	Teare, Mark Reginald	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-45,000
Feb 25/21	Feb 25/21	Bednar, Jason Michael	Direct Ownership	Restricted Share Units	59 - Exercise for cash	-45,000

[mjh9413]

They are cashing out their RSU's. RSU'S are meant to bolster retention of employees by offeriing periodic vesting of shares so employees get neither dividends or voting rights for RSU's. It is a form of salary and while tax aspects are expansive RSU's are usually taxed as income on vesting based on the share price and may be further subject to capital gains if not sold on