Wednesday, October 19, 2005
Google Founders Sell Shares On The Seashore?:
"Sergey Brin and Larry Page have been on a Google share selling spree over the past year, since the search engine went public.
Brin is the first past the billion dollar post selling a staggering $1 billion in Google stock at the start of this month. Page is catching up fast with $978.4 million in share sales.
Mercury News reports Brin broke the 10-digit mark when he sold 400,000 shares at market prices ranging from $309.25 to $321 from Oct. 3-5 for a total of $126.1 million.
Omid Kordestani, Google's senior vice president for global sales and business development, sold 175,209 shares at $307.75 to $314.82 a share for $54.69 million, bringing his total gains to $461.6 million. David Drummond, Google's general counsel, sold 40,100 shares at $313.95 to $319.69 for a gain of $12.7 million, bring his total to $103.6 million.
Well done boys...now, about this sandbox.."
"Sergey Brin and Larry Page have been on a Google share selling spree over the past year, since the search engine went public.
Brin is the first past the billion dollar post selling a staggering $1 billion in Google stock at the start of this month. Page is catching up fast with $978.4 million in share sales.
Mercury News reports Brin broke the 10-digit mark when he sold 400,000 shares at market prices ranging from $309.25 to $321 from Oct. 3-5 for a total of $126.1 million.
Omid Kordestani, Google's senior vice president for global sales and business development, sold 175,209 shares at $307.75 to $314.82 a share for $54.69 million, bringing his total gains to $461.6 million. David Drummond, Google's general counsel, sold 40,100 shares at $313.95 to $319.69 for a gain of $12.7 million, bring his total to $103.6 million.
Well done boys...now, about this sandbox.."
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