Re: DELL insider selling
Stevie, you reported that Morton Topfer sold 100,000 shares of DELL.
According to the 1997 "Notice of the Annual Meeting", page 14:
AGGREGATED OPTION EXERCISES IN LAST FISCAL YEAR AND FISCAL YEAR-END OPTION VALUES
Mr. Topfer:
180,000 shares acquired on Exercise in last fiscal year
$4,821,825 Value Realized
71,500 (number of shares underlying unexcercised options at fiscal year-end -- exercisable)
1,084,500 (ditto -- unexercisable.)
I don't know that his sale had to do with preparing to exercise his options, but I will keep an eye on the papers and post when I find it. Mr. Topfer is also credited with owning 375,000 shares (pre-split).
Thanx, 3. |
