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To: pirate_200 who wrote (10287)9/25/2002 3:12:38 PM
From: Selectric II  Respond to of 10934
 
Also, Warmenhoven exercised an option to buy those 70,000 shares just eight days earlier.

biz.yahoo.com

Therefore, no net change in ownership, and no big deal.



To: pirate_200 who wrote (10287)9/25/2002 3:13:30 PM
From: JakeStraw  Respond to of 10934
 
Network Appliance CEO Warmenhoven Sold 70,000 Shares Sep 20
Wednesday September 25, 2:17 pm ET
biz.yahoo.com
WASHINGTON -(Dow Jones)- Network Appliance Inc. (NasdaqNM:NTAP) Chief Executive Daniel J. Warmenhoven sold 70,000 of the company's common shares in September, according to a Form 4 released Wednesday by the Securities and Exchange Commission.

Warmenhoven sold the shares Sept. 20 at $8.27 a share. As of the filing date, Warmenhoven directly held 37,951 common shares.

According to the filing, the shares were sold under a 10b5-1 trading plan adopted by Warmenhoven May 13.

SEC Rule 10b5-1 allows company insiders to set up transactions of company shares under a pre-existing plan so information they acquire later isn't a factor in their decision to trade.



To: pirate_200 who wrote (10287)9/25/2002 4:04:59 PM
From: dstange  Read Replies (1) | Respond to of 10934
 
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