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Technology Stocks : DIGL... Digital Lightwave.... Making Waves.... -- Ignore unavailable to you. Want to Upgrade?


To: Ryno who wrote (850)8/27/2000 5:27:25 PM
From: UnBelievable  Respond to of 934
 
It Depends On The Type of Stock

If it is restricted stock he would have to file a form 144 before he could sell it. Once the form is filed he can, but is not required to sell the shares.

ZG Nevada Partners, one of the companies through which he own the stock made such a filing on July 24, 2000 to sell 6,000,000 shares.

Here is a link to the recent 144 filings for DIGL

moneycentral.msn.com

Every director, officer, or owner of more than ten percent of a class of equity securities must file an initial form 3 showing the amount of the security owned and must subsequently file a form 4 when it changes.

This a a link to recent form 4 filings.

moneycentral.msn.com

The timing requirements make it a little difficult to actually know what has been registered and what has been sold on any given day.

This is a link to the EDGAR Online database definition of the Insider transactions forms.

edgar-online.com