Option-related insider selling at Emera (EMA)

Option-related insider selling at Emera (T:EMA)

Daniel Muldoon, a Senior Officer, exercised Options and disposed of 32,700 Common Shares on a direct ownership basis at a price of $53.750 on June 19th, 2019. This represents a $1,757,625 divestment of the company's shares and an account share holdings change of -90.0%.

Robert John Scott Hanf, a Senior Officer, also exercised Options and disposed of 26,300 Common Shares on a direct ownership basis at a price of $53.463 on June 18th, 2019. This represents a $1,406,085 divestment of the company's shares and an account share holdings change of -76.5%.

Emera is in the Electric Utilities Sub Industry Group under the Utilities Sector.

Emera Incorporated is an energy and services company, which invests in electricity generation, transmission and distribution, gas transmission and utility services. The Company operates through six segments: Emera Florida and New Mexico; Nova Scotia Power Inc. (NSPI); Emera Maine; Emera Caribbean; Emera Energy, and Corporate and Other. The Emera Florida and New Mexico segment represent TECO Energy, Inc., a holding company with regulated electric and gas utilities. NSPI is an integrated electric utility and primary electricity supplier. Its Emera Maine segment provides electric transmission and distribution services in the United States. Its Emera Caribbean segment includes Emera (Caribbean) Incorporated and its subsidiaries, and investment in St. Lucia Electricity Services Limited. The Emera Energy segment includes Emera Energy Services, Bayside Power Limited Partnership, Brooklyn Power Corporation and investment in Bear Swamp Power Company LLC.