Option-related selling at National Bank of Canada (T:NA)

Brian Davis, a Subsidiary Executive, disposed of 63,000 Common Shares on a direct ownership basis at a price of $72.348 on December 5th, 2019. This represents a $4,557,911 divestment of the company's shares and an account share holdings change of -100.0%.

Marc Knuepp, a Senior Officer, disposed of 27,328 Common Shares on a direct ownership basis at prices ranging from $72.224 to $73.100 between December 5th, 2019 and December 6th, 2019. This represents a $1,986,314 divestment of the company's shares and an account share holdings change of -99.2%.

Ghislain Parent, CFO, disposed of 20,000 Common Shares on a direct ownership basis at a price of $71.900 on December 9th, 2019. This represents a $1,438,000 divestment of the company's shares and an account share holdings change of -76.9%.

William Bonnell, a Senior Officer, disposed of 20,000 Common Shares on a direct ownership basis at a price of $71.841 on December 9th, 2019. This represents a $1,436,818 divestment of the company's shares and an account share holdings change of -78.0%.

Dominique Fagnoule, a Senior Officer, disposed of 14,816 Common Shares on a direct ownership basis at a price of $72.460 on December 5th, 2019. This represents a $1,073,569 divestment of the company's shares and an account share holdings change of -100.0%.

Lucie Blanchet, a Senior Officer, disposed of 1,650 Common Shares on a direct ownership basis at a price of $72.218 on December 6th, 2019. This represents a $119,160 divestment of the company's shares and an account share holdings change of -58.9%.

National Bank of Canada is in the Banks Sub Industry Group under the Financials Sector.

National Bank of Canada (the Bank) is an integrated group, which provides financial services to consumers, small- and medium-sized enterprises (SMEs) and large corporations in its domestic market and also offers specialized services internationally. The Bank's segments are Personal and Commercial, which includes the banking, financing and investing services offered to individuals and businesses, as well as insurance operations; Wealth Management, which consists of investment solutions, trust services, banking services, lending services and other wealth management solutions offered through internal and third-party distribution networks; Financial Markets, which includes banking services, investment banking services and financial solutions for institutional clients, and Other, which includes treasury operations, including the Bank's asset and liability management, liquidity management and funding operations; certain non-recurring items, and the unallocated portion of corporate units.