Option-related selling at Magna International (MG)

Option-related selling at Magna International (T:MG)

Vincent Joseph Galifi, CFO, disposed of 57,628 Common Shares on a direct ownership basis at a price of $77.850 on November 9th, 2020. This represents a $4,486,340 divestment of the company's shares and an account share holdings change of -17.1%.

Francis Seguin, a Senior Officer, disposed of 50,629 Common Shares on a direct ownership basis at a price of US$59.880 on November 9th, 2020. This represents a $3,932,069 divestment of the company's shares and an account share holdings change of -39.7%.

Guenther Friedrich Apfalter, a Senior Officer, disposed of 40,000 Common Shares on a direct ownership basis at a price of $76.900 on November 10th, 2020. This represents a $3,076,000 divestment of the company's shares and an account share holdings change of -35.1%.

Bruce Cluney, a Senior Officer, disposed of 10,458 Common Shares on a direct ownership basis at a price of $77.880 on November 9th, 2020. This represents a $814,469 divestment of the company's shares and an account share holdings change of -25.8%.

Magna International is in the Auto, Truck & Motorcycle Parts Sub Industry Group under the Consumer Cyclicals Sector.

Magna International Inc. (Magna) is a mobility technology company. The Company's segments include Body Exteriors & Structures, Power & Vision, Seating System and Complete Vehicles. Its product capabilities include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Its products include sealing systems, sliding folding and modular roofs, active aerodynamics, lightweight composites, fuel systems, engineered glass, body systems, electronic controllers, interior mirrors, exterior mirrors, tail lamps, small lighting, seat structures, door systems, power closure systems, mechanism & hardware solutions, foam & trim products, complete vehicle manufacturing, engineering services and fuel systems.