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BRIEF-Bombardier Establishes Automatic Securities Disposition Plan

Published 2018-08-15, 04:55 p/m
© Reuters.  BRIEF-Bombardier Establishes Automatic Securities Disposition Plan
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Aug 15 (Reuters) - Bombardier Inc BBDb.TO :

* BOMBARDIER ESTABLISHES AUTOMATIC SECURITIES DISPOSITION PLAN

* BOMBARDIER - PLAN PERMITS SALES OF VESTED SHARES EARNED BY CERTAIN SENIOR EXECUTIVES IN ACCORDANCE WITH PREDETERMINED INSTRUCTIONS

* BOMBARDIER - PLAN PARTICIPANTS MUST SATISFY BOMBARDIER'S MINIMUM STOCK OWNERSHIP GUIDELINES FOR SENIOR EXECUTIVES

* BOMBARDIER - PLAN PARTICIPANTS MUST SATISFY BOMBARDIER'S MINIMUM STOCK OWNERSHIP GUIDELINES FOR SENIOR EXECUTIVES

* BOMBARDIER - SALES OF SHARES UNDER ASDP WILL BE EFFECTED BY AN INDEPENDENT SECURITIES BROKER

* BOMBARDIER - ASDP INCLUDES WAITING PERIOD OF 30 DAYS FROM DATE OF ADOPTION FOR FIRST DISPOSITIONS UNDER PLAN

* BOMBARDIER - ASDP ALLOWS FOR EXERCISE AND SALE OF VESTED SECURITIES EARNED BY CERTAIN SENIOR EXEC AS PART OF PERFORMANCE-BASED COMPENSATION

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