NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
Annex DTR3
1. Name of the issuer 2. State whether the notification
relates to (i) a transaction notified
in accordance with DTR 3.1.2 R,
(ii) a disclosure made in accordance
with LR 9.8.6R(1) or (iii) a
disclosure made in accordance with
section 793 of the Companies Act (2006).
CANACCORD FINANCIAL INC.
DTR 3.1.2 R
3. Name of person discharging 4. State whether notification relates to a person connected with a person
managerial responsibilities/ discharging managerial responsibilities/director named in 3 and
director identify the connected person
PAUL REYNOLDS N/A
BRAD KOTUSH
MATTHEW GAASENBEEK
JOHN ROTHWELL
DANIEL DAVIAU
DAVID KASSIE
5. Indicate whether the 6. Description of shares (including
class), debentures or derivatives or
notification is in respect of financial instruments relating to shares
a holding of the person
referred to in 3 or 4 above or
in respect of a non-beneficial
interest
COMMON SHARES AND RESTRICTED SHARE UNITS THAT HAVE VESTED
NOTIFICATION RELATES TO THE
PERSONS NAMED IN 3.
7. Name of registered 8 State the nature of the transaction
shareholders(s) and, if more
than one, the number of shares
held by each of them
PAUL REYNOLDS: 1,100,671 ACQUISITION OF COMMON SHARES ON
VESTING UNDER LONG TERM INCENTIVE
PLAN;
BRAD KOTUSH: 258,129
MATTHEW GAASENBEEK: 387,463
SALE OF COMMON SHARES TO COVER TAX LIABILITIES;
JOHN ROTHWELL: 315,475
DANIEL DAVIAU: 1,496,049
SALE IN OPEN MARKET
DAVID KASSIE: 3,434,259
The figure above includes
shareholdings owned by Mr.
Reynolds' spouse.
9. Number of shares, debentures 10. Percentage of issued class acquired (treasury shares of that class
or financial instruments should not be taken into account
when calculating percentage)
relating to shares acquired
PAUL REYNOLDS: 0.109%
BRAD KOTUSH: 0.015%
PAUL REYNOLDS: 112,257
MATTHEW GAASENBEEK: 0.081%
BRAD KOTUSH: 15,639
JOHN ROTHWELL: 0.006%
MATTHEW GAASENBEEK: 83,446
DANIEL DAVIAU: 0.070%
JOHN ROTHWELL: 6,692
DAVID KASSIE: 0.047%
DANIEL DAVIAU: 72,158
DAVID KASSIE: 48,172
11. Number of shares, debentures 12. Percentage of issued class disposed (treasury shares of that class
or financial instruments should not be taken into account
when calculating percentage)
relating to shares disposed
PAUL REYNOLDS: 0.048%
BRAD KOTUSH: 0.008%
PAUL REYNOLDS: (49,961)
MATTHEW GAASENBEEK: 0.041%
BRAD KOTUSH: (7,890)
DANIEL DAVIAU: 0.291%
MATTHEW GAASENBEEK: (42,094)
DANIEL DAVIAU: (300,000) SALE
IN OPEN MARKET
13. Price per share or value of 14. Date and place of transaction
transaction
VANCOUVER AND TORONTO -
PRICE PER SHARE ON VESTING,
CAD$5.85 MAY 22, 2013
PRICE PER SHARE ON SALE,
CAD$6.00
15. Total holding following 16. Date issuer informed of transaction
notification and total
percentage holding following
notification (any treasury
shares should not be taken MAY 23, 2013
into account when calculating
percentage)
PAUL REYNOLDS: 1,162,967 /
1.128%
BRAD KOTUSH: 265,878 / 0.258%
MATTHEW GAASENBEEK: 428,815 /
0.416%
JOHN ROTHWELL: 322,167 /
0.322%
DANIEL DAVIAU: 1,268,207 /
1.230%
DAVID KASSIE: 3,482,431 /
3.378%
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes
17 Date of grant 18. Period during which or date on
which exercisable
19. Total amount paid (if any) for 20. Description of shares or
grant of the option debentures involved (class and
number)
21. Exercise price (if fixed at 22. Total number of shares or
time of grant) or indication debentures over which options held
that price is to be fixed at following notification
the time of exercise
23. Any additional information 24. Name of contact and telephone
number for queries
NONE
MARTIN MACLACHLAN
1-416-867-6078
Name of authorised official of issuer responsible for making notification
MARTIN MACLACHLAN
SVP, GENERAL COUNSEL AND CORPORATE SECRETARY
Date of Notification: MAY 24, 2013
Notes: This form is intended for use by an issuer to make a RIS notification
required by DTR 3.1.4.
(1) An issuer making a notification in respect of a transaction
relating to the shares or debentures of the issuer should complete boxes 1 to
16, 23 and 24.
(2) An issuer making a notification in respect of a derivative
relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14,
16, 23 and 24.
(3) An issuer making a notification in respect of options granted
to
a director/person discharging managerial responsibilities should complete boxes
1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial
instrument relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.