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04.06.2007 18:01
Symantec group president sells shares

NEW YORK (AP) - The group president, worldwide sales and marketing, of security software maker Symantec Corp. (Nachrichten) sold 28,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing on Friday.

In a Form 4 filed with the SEC, Enrique T. Salem reported he sold the shares Thursday and Friday for between $20 and $20.02 apiece.

The stock sale was conducted under a prearranged 10b5-1 trading plan, which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Symantec is based in Cupertino, Calif.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
 
aus der Diskussion: Symantec: Kaufen!
Autor (Datum des Eintrages): Frnkli  (04.06.07 18:50:52)
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