Sears Holdings Corp. (fka SHLDQ)

[AMPazzo]

I want the truth on this board not what people want to hear. Logged into my brokerage account and pulled up the Form 4. Transaction Code S means open market or private sale. Table II column 5 clearly shows the following:

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

D for Disposed has the following amounts 5,491,573.33 and 2,508,426.67

My old CEO would fill out a Form 4 when selling his options and I validated the same box was checked so this is a sale of shares.

An insider is defined as any officer and/or beneficial owner who is buying or selling their company's stock is required to file a Form 4.

General Transaction Codes
P—Open market or private purchase of non-derivative or derivative security
S—Open market or private sale of non-derivative or derivative security

It clearly shows he sold these shares for 7.9 Million dollars.