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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (13232)	6/28/2012 11:34:09 PM
From: Elroy	Read Replies (1) \| Respond to of 33421

OT - People here seem knowledgable about some market regulations. Does anyone know what this means? Has the CFO registered to sell 50,000 shares sometime in the next 90 days, or did they already sell on June 22 and are just reporting it? Any help is appreciated. I can't understand why it says approximate date of sale June 22 and also date registered June 25th. ------------------------ SOURCE: Form 144 ISSUER: SILICON MOTION TECHNOLOGY CORP SYMBOL: SIMO FILER: LAI RIYADH TITLE: Chief Financial Officer BROKER: E-TRADE FINANCIAL RESTRICTED SHARES TO SELL: 50,000 DATE REGISTERED: 6/25/2012 APPROXIMATE DATE OF SALE: 6/22/2012 The Form 144 is filed with the Securities and Exchange Commission to reflect the intention of any holder of restricted stock to sell those shares. After the 144 is mailed to the S.E.C., the filer is permitted to sell the shares, or any fraction of them, within 90 days. Form 144 Data Source: The Washington Service (info@washingtonservice.com or 301-913-5100 ) (END) Dow Jones Newswires 06-26-12 2238ET