I like it...Blodgett suspends his automatic stock sales
Form 8-K for STOCKERYALE INC
16-Nov-2007
Other Events
Item 8.01 Other Events
On November 14, 2007, Mark W. Blodgett, the President, Chief Executive Officer and Chairman of the Board of StockerYale, Inc. (the "Company") suspended his Rule 10b5-1 Sales Plan. Mr. Blodgett established the Sales Plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934 in April 2006 to sell a portion of the Company's common stock that he currently beneficially owns. The proceeds from these sales were used to pay income tax owed on restricted stock that was granted by the Company to Mr. Blodgett in July 2006 and July 2007. Mr. Blodgett, in accordance with the Company's policies, may in the future reinstate his current Rule 10b5-1 Sales Plan or adopt a new Rule 10b5-1 plan.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
StockerYale, Inc. Date: November 16, 2007
By: /s/ Marianne Molleur Marianne Molleur Senior Vice President and Chief Financial Officer
"watch yer keester"
posts are my opinion only and are not a substitute for doing your own research
