Number of shares (in millions) | Subordinate Voting Shares | Multiple Voting Shares | |||
Issued and outstanding at December 31, 2014 | 155.6 | 18.9 | |||
Issued from treasury(i) | 1.3 | — | |||
Cancelled under NCIB or SIB (defined below) | (32.4 | ) | — | ||
Issued and outstanding at December 31, 2015 | 124.5 | 18.9 | |||
Issued from treasury(i) | 0.6 | — | |||
Cancelled under NCIB (defined below) | (3.2 | ) | — | ||
Issued and outstanding at December 31, 2016 | 121.9 | 18.9 | |||
Issued from treasury(i) | 2.8 | — | |||
Cancelled under NCIB | (1.9 | ) | — | ||
Other(ii) | 0.35 | (0.35 | ) | ||
Issued and outstanding at December 31, 2017 | 123.2 | 18.6 | |||
(i) | During 2017, we issued 1.7 million (2016 — 0.6 million; 2015 — 0.5 million) subordinate voting shares from treasury upon the exercise of employee stock options for aggregate cash proceeds of $13.6 (2016 — $4.1; 2015 — $3.9). We also issued 1.1 million (2016 — nil; 2015 — 0.8 million) subordinate voting shares from treasury with ascribed values of $9.8 (2016 — nil; 2015 — $6.5) upon the vesting of certain RSUs. We also settled RSUs and PSUs with subordinate voting shares purchased in the open market. Settlement of these awards is described below. |
(ii) | During 2017, Onex Corporation converted 346,175 multiple voting shares into subordinate voting shares. |