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Repare Therapeutics Insiders Establish Automatic Securities Disposition Plans

Published: Mar 29, 2021

CAMBRIDGE, Mass. & MONTREAL (BUSINESS WIRE) Repare Therapeutics Inc. (“Repare” or the “Company”) (Nasdaq: RPTX), a leading clinical-stage precision oncology company enabled by its proprietary synthetic lethality approach to the discovery and development of novel therapeutics, today announced that each of its Executive Vice President and Chief Financial Officer, Steve Forte and its Executive Vice President and Chief Medical Officer, Maria Koehler (collectively, the “Executives”), have established Automatic Securities Disposition Plans (“ASDPs”) in accordance with applicable United States and Canadian securities legislation, including U.S. Securities and Exchange Commission (“SEC”) rule 10b5-1 and the recommended practices set forth in the recently issued Canadian Securities Administrators’ Staff Notice 55-317 (“Staff Notice 55-317”) and the Company’s internal policies. ....

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Repare Therapeutics Insiders Establish Automatic Securities Disposition Plans

Repare Therapeutics Insiders Establish Automatic Securities Disposition Plans
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Canadian Securities Regulators Publish Guidance On Automatic Securities Disposition Plans - Corporate/Commercial Law

On December 10, 2020, the Canadian Securities Administrators
(CSA) issued Staff Notice 55-317
Automatic Securities
Disposition Plans (SN 55-317), providing recommendations
for issuers and insiders on the establishment, administration and
disclosure of Automatic Securities Disposition Plans (ASDPs).
SN 55-317 replaces the Ontario Securities Commission s
previous guidance on ASDPs included in OSC Staff Notice 55-701
BACKGROUND TO ASDPs
Under Canada s securities legislation, there is an exemption
from the general prohibition on insiders of an issuer trading
securities with knowledge of material non-public information (MNPI)
with respect to the issuer. The exemption is in respect of an
automatic plan that was entered into by the person or ....

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