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Auctionbytes-NewsFlash, Number 1614 - September 04, 2007 - ISSN 1539-5065
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eBay CEO Meg Whitman Sells $65 Million in Stock in '07
By Ina Steiner
AuctionBytes.com
September 04, 2007
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eBay CEO Meg Whitman exercised options on shares of eBay stock in June and twice during the month of August, and sold the stock for a total of $64.9 million for a net gain of $45.7 million for the year. The transactions were conducted under a prearranged trading plan that allows Whitman to sell up to 6,400,000 shares between June 2007 and February 2008.
June 15: net gain of $13.977 million (http://tinyurl.com/ywammj)
Aug 10: net gain of $16.752 million (http://tinyurl.com/397fmm)
Aug 30: net gain of $14.981 million (http://tinyurl.com/2leqxf)
eBay's senior executives, including President of eBay Marketplaces North America Bill Cobb and PayPal President Rajiv Dutta, as well as eBay's directors, are required to file stock transactions with the Securities and Exchange Commission. A summary of recent insider transactions can be found on MSN's Moneycentral. (http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=ebay).
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