All about investment

by Bill

On the Nasdaq and SEC website it can be found from October 26, 2004 to February 7, 2005 (that is, several U.S. law firms launched on Sina's "collective action period (class period)" Investigation), Sina insider trading transactions. I calculated Sina's board and management sold a total of 97.4433 million shares of Sina shares, representing 1.93 percent of Sina total share during this period .

During this period, the Sina CEO Wang Yan and CFO Cao sold total 30.9 million shares of stock. Because we don't know the the total number of shares they hold, we don't know whether they they dump all their share through these insider trading actions.

I lists Sina's insider trading data, found from sec.gov, as follows:

Sina CEO Wang Yan on the October 29, 2004 sold 1.35 U.S. dollars a share, the price of the implementation of the 10 million shares of Sina options; He also sold 1.88 per share on November 19, 2004 to 1.88 per. The implementation of the dollar price of 50,004 thousands Sina options, and then the price is 37 U.S. dollars sold. Total sold 15.4 million shares.

Sina CFO Cao Wei on the October 29, 2004 sold 1.88 U.S. dollars a share, the price of the implementation of the 10 million shares of Sina options; He also sold 1.35 U.S per share on November 19, 2004. Total sold 15.5 million shares.

Sina executive vice president Jiang Xianbin in the October 29, 2004 to 1.88 U.S. dollars a share, the price of the implementation of the 20,005 thousands Sina options. Total sold 2.5 million shares.

Sina COO Lin Xinhe on the October 29, 2004 to 1.35 U.S. dollars a share, the price of the implementation of the 12 million shares of Sina options; He also November 22, 2004 to share 1.88 U.S. dollars the price of the implementation of the 95,833 shares Sina options, and to 35.739 U.S. dollars was sold. Total sold 21.5833 million shares.

Sina Co-Chairman Jiang Fengnian on the November 3, 2004 at a price of 34.535 U.S. dollars sold 11.3 million shares of Sina stock; again on November 4 a share, the price of 34.549 U.S. dollars sold 2 million shares of Sina stock; November On the 8th to 34.655 U.S. dollars a share, the price of the stock sold 6.7 million shares of Sina. Total sold 20 million shares.

Sina director Cao Defeng on the November 17, 2004 sold 38.935 U.S. dollars a share, the price of shares sold 5 million shares of Sina; again on November 18 a share, the price of 37.541 U.S. dollars sold 6 million shares of Sina shares. Total sold 11 million shares.

Sina director Zhang Yichen on the November 17, 2004 sold 1.88 U.S. dollars a share, the price of the implementation of the 20,002 thousand six hundred Sina stock options, and to 38.270 U.S. dollars was sold He is also on 1 December 2004 1.88 U.S. dollars per share, the price of the implementation of the 20,007 thousands Sina options, and to 38.709 U.S. dollars was sold. Total sold 4.96 million shares.

Sina directors Pehong on the November 18, 2004 sold 17 U.S. dollars a share, the price of the implementation of the 20,007 thousand five hundred Sina stock options, and to 37.021 U.S. dollars was sold. Total sold 2.75 million shares.

For more real time insider trading data, updated simultaneously with sec website and organized for easy use, please refer to insidertradings.com