John, RE: "Somebody cashing in their options? "
Here's the list:
Barrett has always historically sold at the same time of the year, in January so it's probably not him. Looks like he sold something this past January.
(I keep track of insider trades in an Excel chart to observe any patterns.) I do note when Paul and Sean sell, because their selling varies and is not consistently the same. They were the only two Intel execs that sold in July of 2000, one month before the big drop, so that's not something I'm going to forget anytime soon. Having said that, all of Intel appeared pretty clueless as to the channel demand problem, as if no one thinks independently, or as if everyone blindly follows the leader rather than challenging.
Maybe the lawsuit against Intel has forced them to be a tad more quiet on positive PR until after everyone has exercised and sold their positions.
I personally think that all the CEOs have suddenly realized demand is really back. It was like a faucet turned on last week. Strange its so synchronous across many CEOs, as if they all chat and decided to move at the same time.
With the job scene improving, does this mean Bush gets into office for yet another 4 years?
On another note, the person that appeared to be in charge of some huge purchases that made some huge losses is getting a tad more compensation than I would hand out, given the losses it appears they made. (I'm normally a pro-comp person.)
finance.yahoo.com
INSIDER & RULE 144 TRANSACTIONS REPORTED
Date Insider Shares Transaction Value*
2-Feb-04 YOFFIE, DAVID B. Director 2,050 Option Exercise at $30.40 per share. $62,320 2-Feb-04 YOFFIE, DAVID B. Director 2,050 Disposition (Non Open Market) at $30.40 per share. $62,320 30-Jan-04 YOUNG, CHARLES E. Director 2,000 Sale at $30.50 per share. $61,000 30-Jan-04 VADASZ, LESLIE L. 350,000 Option Exercise at $5.71 - $17.42 per share. N/A 30-Jan-04 VADASZ, LESLIE L. 100,000 Sale at $30.50 - $30.64 per share. $3,057,0002 29-Jan-04 CHEN, JASON C.S. Officer 26,259 Planned Sale $818,5001 29-Jan-04 CHUN, SHEN CHEN JASON Vice President 26,259 Option Exercise at $17.42 - $20.23 per share. $494,0002 29-Jan-04 CHUN, SHEN CHEN JASON Vice President 26,259 Sale at $30.92 - $31.17 per share. $815,0002 28-Jan-04 VADASZ, LESLIE L. 150,000 Option Exercise at $17.42 - $20.23 per share. $2,824,0002 28-Jan-04 VADASZ, LESLIE L. 150,000 Sale at $31.95 - $32.16 per share. $4,808,0002 26-Jan-04 OTELLINI, PAUL S. President 192,000 Option Exercise at $4.20 per share. $806,400 26-Jan-04 VADASZ, LESLIE L. 250,000 Option Exercise at $20.23 - $24.37 per share. $5,575,0002 26-Jan-04 VADASZ, LESLIE L. 250,000 Sale at $31.80 - $32.32 per share. $8,015,0002 23-Jan-04 VADASZ, LESLIE L. 251,475 Option Exercise at $24.37 - $30.7 per share. N/A 23-Jan-04 VADASZ, LESLIE L. 251,475 Sale at $31.65 - $32 per share. $8,003,0002 22-Jan-04 BARRETT, CRAIG R. Chief Executive Officer 384,000 Option Exercise at $4.20 per share. $1,612,800 22-Jan-04 BARRETT, CRAIG R. Chief Executive Officer 384,000 Sale at $31.68 - $32.19 per share. $12,263,0002 22-Jan-04 BARRETT, CRAIG R. Officer 384,000 Planned Sale $12,237,0001 16-Jan-04 HUNDT, REED E. Director 1,000 Purchase at $33.14 per share. $33,140 |