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Canadian Pacific Railway Limited's VP & Chief Risk Officer was just granted 7,235 options

Laird Joseph Pitz, Canadian Pacific Railway Limited's VP & Chief Risk Officer, just received 7,235 options from the company. The strike price of the options received was $116.80, and these expire on January 22, 2026. Pitz now owns at least 14,969 options on the company.

Some additional info was provided as follows:

The grant of the options was approved by a committee of the issuer's board of directors on January 22, 2016, subject to shareholder approval of the issuer's Section 162(m) Incentive Plan under which the options were granted. The issuer's shareholders approved the Section 162(m) Incentive Plan on April 20, 2016. 1/4 will be vested on January 22, 2017; 1/4 will be vested on January 22, 2018; 1/4 will be vested on January 22, 2019; 1/4 will be vested on January 22, 2020.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Canadian Pacific Railway Limited director just disposed of 4,100,000 shares - April 22, 2016
Canadian Pacific Railway Limited's Chief Legal Officer & Corp Sec was just granted 8,792 options - April 22, 2016
Submission of Matters to a Vote of Security - April 22, 2016