It begins... new round of insider selling.
biz.yahoo.com
Only two guys so far, one for 30,000 and one for 16,481(?!?), both filed in Sept.
The 30K guy still will hold approx 200K (plus various options) so he's really not selling much, and the 16K guy will still hold... hmmm, this is interesting. The TMSR proxy from early Sept states this guy has 107,774 beneficially owned shares and that number "Includes 103,990 shares subject to options exercisable within 60 days after August 16, 1999," so that guy only ever owned 3784 shares in the first place, so he has obviously exercised some of these options which just came in.
Not a large amount of selling, in the grand scheme of things, but still I like to see it!
-- Pete |
