Jeff Bezos, Founder, Chairman and CEO of Amazon.com Inc. is taking some extra cash out of the company.
The sale was called a planned share sale under one of the existing 10b5-1 Plan filings, but we would expect to see more and more of these sales. Between November 29 and November 30 (2012) Mr. Bezos sold some 790,102 shares at a volume weighted average of $250.02 per share. The end result: $197,543,988 take-home for Mr. Bezos.
The sale was called a planned share sale under one of the existing 10b5-1 Plan filings, but we would expect to see more and more of these sales. Between November 29 and November 30 (2012) Mr. Bezos sold some 790,102 shares at a volume weighted average of $250.02 per share. The end result: $197,543,988 take-home for Mr. Bezos.
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