CP

SEC source: 0001685001-17-000014 · wf-form4_149322727595174.xml · derivative · entry 1

Velani Nadeem · CIK 0001685001 · VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,597

Underlying: Common Stock · 4 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001688035-17-000008 · wf-form4_149322711649708.xml · derivative · entry 3

Johnson Robert Allen · CIK 0001688035 · Executive VP Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,457

Underlying: Common Stock · 5 shares

Expires 2017-06-10

F3 · kind: Each Restricted Share Unit (each, a "RSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited.

F5 · shares: These RSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

SEC source: 0001688035-17-000008 · wf-form4_149322711649708.xml · derivative · entry 1

Johnson Robert Allen · CIK 0001688035 · Executive VP Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,527

Underlying: Common Stock · 14 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662189-17-000016 · wf-form4_149322695251965.xml · derivative · entry 1

Edwards Peter John · CIK 0001662189 · VP People

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,431

Underlying: Common Stock · 16 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662187-17-000012 · wf-form4_149322671287953.xml · derivative · entry 1

Ellis Jeffrey Jerom · CIK 0001662187 · Chief Legal Officer & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 366

Underlying: Common Stock · 1 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001454127-17-000012 · wf-form4_149322477015000.xml · derivative · entry 1

Derry John E · CIK 0001454127 · Vice-President Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 444

Underlying: Common Stock · 1 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662188-17-000016 · wf-form4_149322460818174.xml · derivative · entry 1

Creel Keith Edward · CIK 0001662188 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,012

Underlying: Common Stock · 77 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662185-17-000014 · wf-form4_149322445158254.xml · derivative · entry 2

Redeker Michael John · CIK 0001662185 · VP & Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,048

Underlying: Common Stock · 5 shares

Expires 2017-06-10

F3 · kind: Each Restricted Share Unit (each, a "RSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited.

F4 · shares: These RSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

SEC source: 0001662185-17-000014 · wf-form4_149322445158254.xml · derivative · entry 1

Redeker Michael John · CIK 0001662185 · VP & Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,584

Underlying: Common Stock · 9 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001694484-17-000004 · wf-form4_149322354624344.xml · derivative · entry 1

TRAFTON GORDON T. II · CIK 0001694484 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 402

Underlying: Common Stock · 1 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001698709-17-000008 · wf-form4_149322429673862.xml · derivative · entry 2

Clements James Dominic Luther · CIK 0001698709 · VP Planning & Transportation

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 870

Underlying: Common Stock · 2 shares

Expires 2017-06-10

F3 · kind: Each Restricted Share Unit (each, a "RSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited.

F4 · shares: These RSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

SEC source: 0001698709-17-000008 · wf-form4_149322429673862.xml · derivative · entry 1

Clements James Dominic Luther · CIK 0001698709 · VP Planning & Transportation

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,751

Underlying: Common Stock · 7 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662231-17-000008 · wf-form4_149322337520480.xml · derivative · entry 1

Reardon Andrew Fitzpatrick · CIK 0001662231 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,738

Underlying: Common Stock · 21 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662233-17-000008 · wf-form4_149322280962623.xml · derivative · entry 1

MacDonald Ubavka Rebecca · CIK 0001662233 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,298

Underlying: Common Stock · 20 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001684714-17-000007 · wf-form4_149322252269974.xml · derivative · entry 1

Fatt William R. · CIK 0001684714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 776

Underlying: Common Stock · 2 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001226011-17-000006 · wf-form4_149322208112903.xml · derivative · entry 1

DENHAM GILLIAN H · CIK 0001226011 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 688

Underlying: Common Stock · 1 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662234-17-000008 · wf-form4_149322186603657.xml · derivative · entry 1

Courville Isabelle · CIK 0001662234 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,856

Underlying: Common Stock · 14 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662240-17-000008 · wf-form4_149322166742725.xml · derivative · entry 1

Baird John Russell · CIK 0001662240 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,428

Underlying: Common Stock · 6 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent dividend equivalents credited to the reporting person's account, following Canadian Pacific Railway Limited's dividend payment on April 24, 2017.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662185-17-000012 · wf-form4_149123346989875.xml · nonDerivative · entry 1

Redeker Michael John · CIK 0001662185 · VP & Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 904

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001698691-17-000004 · wf-form4_149123291764791.xml · nonDerivative · entry 1

Foran Mike · CIK 0001698691 · VP Network Transportation

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,557

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001454127-17-000010 · wf-form4_149123257211066.xml · nonDerivative · entry 1

Derry John E · CIK 0001454127 · Vice-President Human Resources

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 213

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662188-17-000014 · wf-form4_149123244363541.xml · nonDerivative · entry 1

Creel Keith Edward · CIK 0001662188 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,946

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001698868-17-000004 · wf-form4_149123230560945.xml · nonDerivative · entry 1

Brooks John Kenneth · CIK 0001698868 · SVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,540

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001698709-17-000006 · wf-form4_149123096393384.xml · nonDerivative · entry 1

Clements James Dominic Luther · CIK 0001698709 · VP Planning & Transportation

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,887

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001688035-17-000006 · wf-form4_149123109982607.xml · nonDerivative · entry 1

Johnson Robert Allen · CIK 0001688035 · Executive VP Operations

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 14

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662189-17-000014 · wf-form4_149123080767001.xml · nonDerivative · entry 1

Edwards Peter John · CIK 0001662189 · VP People

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 2,433

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662187-17-000010 · wf-form4_149123064914800.xml · nonDerivative · entry 1

Ellis Jeffrey Jerom · CIK 0001662187 · Chief Legal Officer & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 259

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001685001-17-000012 · wf-form4_149123049854554.xml · nonDerivative · entry 1

Velani Nadeem · CIK 0001685001 · VP and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 300

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662233-17-000006 · wf-form4_149132326208382.xml · derivative · entry 1

MacDonald Ubavka Rebecca · CIK 0001662233 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,278

Underlying: Common Stock · 339 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001628280-17-003322 · wf-form4_149132452765131.xml · derivative · entry 1

Peverett Jane L · CIK 0001407314 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 363

Underlying: Common Stock · 301 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001628280-17-003320 · wf-form4_149132423771582.xml · derivative · entry 1

PAULL MATTHEW H · CIK 0001179710 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,265

Underlying: Common Stock · 453 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662240-17-000006 · wf-form4_149132344516232.xml · derivative · entry 1

Baird John Russell · CIK 0001662240 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,422

Underlying: Common Stock · 301 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001226011-17-000004 · wf-form4_149132361797126.xml · derivative · entry 1

DENHAM GILLIAN H · CIK 0001226011 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 687

Underlying: Common Stock · 301 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001684714-17-000005 · wf-form4_149132385820820.xml · derivative · entry 1

Fatt William R. · CIK 0001684714 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 774

Underlying: Common Stock · 339 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662234-17-000006 · wf-form4_149132302601679.xml · derivative · entry 1

Courville Isabelle · CIK 0001662234 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,842

Underlying: Common Stock · 170 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 50% in DSUs and 50% in cash.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001694484-17-000002 · wf-form4_149132280924451.xml · derivative · entry 1

TRAFTON GORDON T. II · CIK 0001694484 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 401

Underlying: Common Stock · 401 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662231-17-000006 · wf-form4_149132231149712.xml · derivative · entry 1

Reardon Andrew Fitzpatrick · CIK 0001662231 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,717

Underlying: Common Stock · 675 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F2 · kind: These DSUs represent payment of the quarterly instalment of the reporting person's annual retainer, which is currently paid 100% in DSUs.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

SEC source: 0001662189-17-000012 · wf-form4_149029606025662.xml · derivative · entry 3

Edwards Peter John · CIK 0001662189 · VP People

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 10,300 shares

Expires 2020-02-25

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001662189-17-000012 · wf-form4_149029606025662.xml · nonDerivative · entry 2

Edwards Peter John · CIK 0001662189 · VP People

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,830

F1 · price: The reported shares were sold in Canadian dollars at a price of CAD$195.51 per share. The sale price per share was converted into its U.S. dollar equivalent using the Bank of Canada noon exchange rate on March 21, 2017 of CAD$1.00 = USD$0.7508.

SEC source: 0001662189-17-000012 · wf-form4_149029606025662.xml · nonDerivative · entry 1

Edwards Peter John · CIK 0001662189 · VP People

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,333

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001698709-17-000004 · wf-form4_148848952601907.xml · nonDerivative · entry 1

Clements James Dominic Luther · CIK 0001698709 · VP Planning & Transportation

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,876

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001685001-17-000010 · wf-form4_148848939032969.xml · nonDerivative · entry 1

Velani Nadeem · CIK 0001685001 · VP and CFO

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 285

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662185-17-000010 · wf-form4_148848887318203.xml · nonDerivative · entry 1

Redeker Michael John · CIK 0001662185 · VP & Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 887

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662188-17-000012 · wf-form4_148848874078061.xml · nonDerivative · entry 1

Creel Keith Edward · CIK 0001662188 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,902

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662189-17-000010 · wf-form4_148848783192368.xml · nonDerivative · entry 1

Edwards Peter John · CIK 0001662189 · VP People

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 2,414

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001454127-17-000008 · wf-form4_148848770118885.xml · nonDerivative · entry 1

Derry John E · CIK 0001454127 · Vice-President Human Resources

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 203

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001698868-17-000002 · wf-form4_148848744777715.xml · nonDerivative · entry 1

Brooks John Kenneth · CIK 0001698868 · SVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,526

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001662187-17-000008 · wf-form4_148848730448875.xml · nonDerivative · entry 1

Ellis Jeffrey Jerom · CIK 0001662187 · Chief Legal Officer & Corp Sec

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 245

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001698691-17-000002 · wf-form4_148848717793748.xml · nonDerivative · entry 1

Foran Mike · CIK 0001698691 · VP Network Transportation

10b5-1 filing: Not disclosed

Ownership: Indirect · By ESPP

Disclosed balance after: 1,550

F1 · kind: Acquired pursuant to Canadian Pacific Railway Limited Employee Share Purchase Plan.

F2 · ownership.nature: Shares held by individual in the Canadian Pacific Railway Limited Employee Share Purchase Plan.

SEC source: 0001698709-17-000002 · wf-form4_148832918697165.xml · derivative · entry 1

Clements James Dominic Luther · CIK 0001698709 · VP Planning & Transportation

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,744

Underlying: Common Stock · 254 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.exercise_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.expiration_date: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.

F1 · derivative.underlying_shares: Each Deferred Share Unit (each, a "DSU") is the economic equivalent of one share of common stock of Canadian Pacific Railway Limited. DSUs are held until termination of employment.