FAQ: SEDI (INSIDER REPORTING)

SEDI is the acronym for System for Electronic Disclosure by Insiders. It is an Internet-based program used to file insider trading reports.


WHAT DOES AN ISSUER GRANT REPORT LOOK LIKE?

While there is no prescribed format for the Issuer grant report the information noted below must be included in the report.

  • the date the option or other security was issued or granted;
  • the number of options or other securities issued or granted to each director or officer;
  • the price at which the option or other security was issued or granted and the exercise price;
  • the number and type of securities issuable on the exercise of the option or other security; and
  • any other material terms that have not been previously disclosed or filed in a public filing on SEDAR.

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