Ruckus Wireless (RKUS)

[ciciagt]

There's quite a bit of info if you're inclined to google around. Here's a couple Q&A's from one site. These 10b 5-1 trading plans are very common.

How are trading dates determined under a Rule 10b5-1 plan?
Rule 10b5-1(c)(1)(iii)(C) defines “date” as, in the case of a market order, the specific day of the year on which the order is to be executed (or as soon thereafter as is practicable under ordinary principles of best execution). In the case of a limit order, “date” is defined as a day of the year on which the limit order is in force.
How often can trades be made pursuant to a Rule 10b5- 1 plan?
A plan can be tailored to the specific needs of the individual who sets it up. For example, the plan can specify that trades will be made on a regular basis, such as monthly or bi-weekly. Alternatively, a Rule 10b5-1 plan can be designed to initiate transactions upon certain trigger events. For example, a plan can provide for sales several days before a tuition payment is due, with the number of shares to be linked to the average cost of tuition as published by the college.
http://media.mofo.com/files/Uploads/Images/FAQ10b51.pdf