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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (22064)	11/19/2004 6:53:43 PM
From: ild	Read Replies (1) of 110194

Google's Founders, CEO Enter Stock-Trade Plans DOW JONES NEWSWIRES November 19, 2004 6:48 p.m. WASHINGTON -- Google Inc. founders Larry Page, Sergey Brin and Chief Executive Eric Schmidt adopted pre-arranged stock-trading plans to sell a total of 16.6 million common shares as part of an 18-month diversification plan, the company said Friday. The Mountain View, Calif., search-engine giant said Mr. Page, Google's president of products, and Mr. Brin, the company's technology president, each plans to sell 7.2 million shares. After fully executing the plans, the co-founders will still have about 81.1% of their current holdings, the company said in a filing to the Securities and Exchange Commission. Google said Mr. Schmidt plans to sell about 2.2 million shares, retaining 84.6% of his current holdings if all the sales go through.

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