During the quarters ended December 31, 1999 and March 31, 2000, Seagate sold 2,000,000 and 12,400,000 shares, respectively, of SanDisk Corporation common stock, adjusted for a 2 for 1 stock split on February 23, 2000.
Seagate's filings are incorrect. They could not have sold 12,400,000 shares during the Jan - Mar quarter because they had only about 10m (post-split) shares at the end of December. They actually sold 6,200,000 (adjusted for the split), but someone mistakenly doubled that number. This information is not directly available anywhere but can be calculated by comparing the figures in other filings. |
