Aphria (TSX: APH) (OTC: APHQF) co-founders and directors Cole Cacciavillani, who serves as Chief Operating Officer, and John Cervini have reduced their holdings in September. According to transactions filed at Canada’s System for Electronic Disclosure by Insiders (SEDI):
Cacciavillani sold 1mm shares in total, including 500K at $6.00 on September 11th and $500K at $6.09 on September 12th. After the sales, for proceeds of $6.045mm, he hold 5.767mm shares directly and 1.728mm in a Family Trust. He previously had sold 1mm shares at $6.50 on March 1st.
Cervini sold 200K shares on September 12th at $6.00 on September 11th, leaving him with 9.3mm shares held in Fulfill Holdings and 2.667mm shares held in his name. He had previously sold 1mm shares at $6.50 on March 1st and 1mm shares at $3.50 on October 12, 2016.
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