Officer selling at Shopify (SHOP)

Officer selling at Shopify (T:SHOP)

Joseph Andrew Frasca, a Senior Officer, exercised Options and disposed of 20,000 Subordinate Voting Shares Class A Subordinate Voting Shares on a direct ownership basis at a price of US$144.429 on August 14th, 2018. This represents a $3,780,295 divestment of the company's shares and an account share holdings change of -94.7%.

Shopify is in the Internet Services Sub Industry Group under the Technology Sector.

Shopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites. Its merchants are able to offer their customers the ability to check out by using Apple Pay.