Kraig Biocraft Laboratories Inc (KBLB)

[manshoon1]

On that cnbc link you originally posted on one of your initial postings here.

I was also wondering why all of Kim's planned sales have not executed, for comparison I looked at multiple other companies like ford and apple.

A planned sale that executes is accompanied with a statement like direct sale, of the same number of shares.

Here is the last planned sale from apple
01/10/2011 Serlet Bertrand
Officers --/6 Sale Direct $3,392,100 10,000 339.21-339.21 121,314
01/10/2011 Serlet Bertrand
Officers --/6 Planned Sale -- $3,392,100 10,000 -- -

Here is a plannes sale from ford.

01/05/2011 Ojakli Ziad S
Officers --/-- Sale Direct $1,935,187 109,829 17.62-17.62 81,820
01/05/2011 Ojakli Ziad S
Officers --/-- Exercise of Stock Options Direct $839,631 109,829 7.55-7.83 81,820
01/05/2011 Ojakli Ziad S
Officers --/-- Planned Sale -- $1,908,830 109,829 --


KBLB has planned sales but no executions.


Here is info i found on insider trading/10b5-1 etc..

Insiders are employees who are considered to have confidential information that the general public does not have. This information could impact the stock price if publicly known. A classic example would be a pending merger. The SEC states that an employee may not trade stock if they posses confidential information. So for an insider to trade stock one of two things must happen.

1) They create a 10b5-1 trading plan. This plan will tell a broker to buy or sell stock based on preset dates or conditions. The insider once the plan is established cannot change it. Typically a new plan is established yearly. This means that even if the insider gains information that could impact the stock price, the plan prevents them from acting on it.

2) The second way an insider can trade stock is during an open trading period. During certain periods, typically after an earnings release, the company can declare an open trading period and all employees are allowed to trade stock. The limitation again is that if you have confidential information, you are still prevented from trading.

Read more: http://wiki.answers.com/Q/What_does_a_planned_sale_mean_for_an_insider_transaction_with_a_company_and_why_would_that_be_different_from_a_normal_sale_of_their_stock_thanks#ixzz1DyoVrbh9