Kamal Anand, SVP of Corporate Development & Strategy at MERU NETWORKS INC (MERU), sold 22,927 shares at $17.50 ($413K) on 2011-01-11, disclosed to the SEC on 2011-01-13.
Scheduled sale ($413k) by SVP of Corporate Development & Strategy under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $17.50 | 10,000 | $175K | 42.3% |
| 2 | $18.44 | 12,927 | $238K | 57.7% |
| Total | $18.03 avg | 22,927 | $413K | 100% |
| Filing → |
| MERU | SELL | 2010-12-22 | $417K | — | Filing → |
| MERU | SELL | 2010-11-08 | $495K | — | Filing → |