Monday, November 07, 2016 1:25:34 PM
Gary Moore (Ex Cisco President and COO who is now on Finjan's BOD) exercised his 200,000 shares under incentive plan. It shows a "D" for DISPOSING of 200,000 derivative shares. That is only half of the reporting. There is also an "A" for ACQUIRING 200,000 non-derivative shares. It just means his shares are no longer options and restricted units and are now free-trading. He did NOT even sell a big chunk of them to pay taxes like all the others do!
Gary Moore is one of the many absolutely top-notch people now with Finjan that have experience building multi-billion dollar business units. He did NOT sell a single share which is what some people apparently thought and how it may look on websites that report insider trades. Look it up for yourself and you will see he now owns 200,000 shares instead of 0.
Gary Moore Form 4
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