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Strategies & Market Trends : Mu Gamma Lambda

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To: MulhollandDrive who wrote (814)6/18/2001 8:13:31 PM
From: Jorj X Mckie  Read Replies (1) of 10077
 
KKD head dood selling at the top???

marketwatch.com.

Krispy Kreme CEO files to sell shares
By Leticia Williams, CBS.MarketWatch.com
Last Update: 3:49 PM ET June 18, 2001

WASHINGTON (CBS.MW) - Krispy Kreme Doughnuts Chief Executive Scott Livengood filed to sell 80,000 shares of the company's common stock, according to a filing released by the SEC Monday.

Livengood listed June 12 as a possible sale date for the shares, worth an estimated $5.4 million, with Scott & Stringfellow acting as broker for the transaction.

The executive received the shares in lieu of a bonus in April 2000, according to the filing. The company's (KKD: news, msgs, alerts) common shares were up $3.94 to $42.00 in Monday trading.
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