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re: EXXI - hitting new lows everyday

Posted on 9/10/14 at 7:25 pm to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 9/10/14 at 7:25 pm to
I found the insider trading info I posted above on the Yahoo finance page. Enter the ticker symbol and then click on "insider transactions."
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 9/10/14 at 7:31 pm to
Yep, we're looking at the same thing. Not sure if the detailed insider transactions (pulled from SEC filings) are supposed to agree to the net share purchase sale activity in the first section, or if that only represents a portion of the total. I suspect the latter since the individual reporting requirements are pretty high.

On the other hand, taken from Note 12 in their latest annual report:

quote:

Historically, we have settled all vesting awards in cash. The July 21, 2014 vesting of the July 21, 2013 and 2012 Performance Unit awards were settled 50% in common stock


Maybe certain employees took their performance bonus in stock and immediately cashed out?
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