Seth M. Siegel, Director at Vringo Inc (VRNG), sold 152,421 shares at $4.01 ($611K) on 2012-10-03, disclosed to the SEC on 2012-10-10.
Scheduled sale ($611k) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.01 | 50,000 | $201K | 32.8% |
| 2 | $4.01 | 100,000 | $401K | 65.6% |
| 3 | $4.07 | 2,421 | $10K | 1.6% |
| Total | $4.01 avg | 152,421 | $611K | 100% |
| Filing → |
| VRNG | SELL | 2012-11-08 | $19K | — | Filing → |
| VRNG | SELL | 2012-11-02 | $2K | — | Filing → |
| VRNG | SELL | 2012-10-30 | $8K | — | Filing → |