Kamal Anand, SVP of Corporate Development & Strategy at MERU NETWORKS INC (MERU), sold 8,500 shares at $16.00 ($130K) on 2011-04-14, disclosed to the SEC on 2011-04-14.
Scheduled sale ($130k) 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 | $15.12 | 7,000 | $106K | 81.5% |
| 2 | $16.00 | 1,500 | $24K | 18.5% |
| Total | $15.28 avg | 8,500 | $130K | 100% |
| Filing → |
| MERU | SELL | 2010-12-22 | $417K | — | Filing → |
| MERU | SELL | 2010-11-08 | $495K | — | Filing → |