Option-related selling at Pembina Pipeline (PPL)

Option-related selling at Pembina Pipeline (T:PPL)

J. Scott Burrows, CFO, disposed of 22,805 Common Shares on a direct ownership basis at prices ranging from $50.035 to $50.977 on January 9th, 2020. This represents a $1,153,016 divestment of the company's shares and an account share holdings change of -80.6%.

On the same day, Harold Andersen, a Senior Officer, disposed of 15,886 Common Shares on a direct ownership basis at a price of $50.103. This represents a $795,941 divestment of the company's shares and an account share holdings change of -100.0%. IN addition, Chris Scherman, a Senior Officer, disposed of 8,840 Common Shares on a direct ownership basis at a price of $50.272. This represents a $444,403 divestment of the company's shares and an account share holdings change of -100.0%.

Pembina Pipeline is in the Oil & Gas Transportation Services Sub Industry Group under the Energy Sector.

Pembina Pipeline Corp is a Canada-based transportation and midstream service provider. The Company owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. The Company's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina Pipeline Corp is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.