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Thursday, 08/05/2010 9:41:47 PM

Thursday, August 05, 2010 9:41:47 PM

Post# of 257251
Regarding the recent insider sales..

Why does vesting of performance based share grants trigger a tax liablity? Isn't the sale of such grants the trigger? Does the explanation from the CC hold water?

John Bishop, for instance, sold 57% of his shares. Sounds like the tax liability/10b5-1 thing is just a (programed) cover for some insiders to cash out.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001179110%2D10%2D011914%2Etxt&FilePath=%5C2010%5C07%5C27%5C&CoName=MOMENTA+PHARMACEUTICALS+INC&FormType=4&RcvdDate=7%2F27%2F2010&pdf=

I'm probably missing something here, but thought I'd throw it out there. Any thoughts?

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