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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (81258)6/1/2002 8:06:44 AM
From: bacchus_iiRead Replies (1) | Respond to of 275872
 
Jim, Re: <When he sold stock last May, I drew the line.>

I think he's sold stock every April or May for the last 4 years.... I'll poke around a bit and see what I come up with..


With the IRS rule that force you to assume profit in the year you exercise an option and at the exercise price, nobody would take a chance to keep those shares if expiration time was forcing you to exercise.

Gottfried



To: TGPTNDR who wrote (81258)6/1/2002 9:46:31 AM
From: kapkan4uRead Replies (1) | Respond to of 275872
 
<<Jim, Re: <When he sold stock last May, I drew the line.>

I think he's sold stock every April or May for the last 4 years.... I'll poke around a bit and see what I come up with..>>

AMD's top managers are prohibited by a corporate charter from selling significant amounts of stock during any other months.

Maybe someone can find the rule in SEC filings or on AMD's web site and post it here.

Kap



To: TGPTNDR who wrote (81258)6/1/2002 11:33:30 AM
From: Monica DetwilerRespond to of 275872
 
I think he's sold stock every April or May for the last 4 years.... I'll poke around a bit and see what I come up with..

How many shares did Jerry sell this April and May?