James M. McCluney, PRESIDENT & CEO at EMULEX CORP /DE/ (ELX), sold 50,000 shares at $21.00 ($1.1M) on 2007-05-02, disclosed to the SEC on 2007-05-04.
Scheduled sale ($1.1M) by PRESIDENT & 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 | $21.00 | 8,775 | $184K | 17.5% |
| 2 | $21.00 | 41,225 | $866K | 82.5% |
| Total | $21.00 avg | 50,000 | $1.1M | 100% |
| Filing → |
| ELX | BUY | 2010-08-27 | $54K | — | Filing → |
| ELX | SELL | 2010-02-22 | $260K | — | Filing → |
| ELX | SELL | 2010-01-29 | $181K | — | Filing → |