Patrick Odea, President and CEO at PEETS COFFEE & TEA INC (PEET), sold 49,513 shares at $42.84 ($2.1M) on 2011-02-28, disclosed to the SEC on 2011-03-02.
Scheduled sale ($2.1M) by President and CEO 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 | $42.84 | 27,000 | $1.2M | 54.6% |
| 2 | $42.72 | 22,513 | $962K | 45.4% |
| Total | $42.79 avg | 49,513 | $2.1M | 100% |
| Filing → |
| PEET | SELL | 2011-11-08 | $6.9M | — | Filing → |
| PEET | SELL | 2011-09-08 | $2.2M | — | Filing → |
| PEET | SELL | 2011-01-12 | $3.7M | — | Filing → |