Destiny Media Tech Inc (DSNY): Director Sells Shares - Yoshitaro Kumaga...

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Saturday, 05/31/2014 9:21:36 PM

Saturday, May 31, 2014 9:21:36 PM

Director Sells Shares - Yoshitaro Kumagai

Destiny Media Technologies (NASDAQ:DSNY) Director Yoshitaro Kumagai sold 201,610 shares of the stock on the open market in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $1.01, for a total value of $203,626.10. Following the sale, the director now directly owns 423,069 shares in the company, valued at approximately $427,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission.

Note: Interesting that he has sold and was also just awarded an annual salary of $48K for sitting on the board.

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