The Rising Influence of Rising Affluence

[DewDiligence]

CLB’s Demshur raises a valid point. Executives who were principals in acquiring a company via an LBO (as is the case for CLB’s top management) generally own many more shares than executives who were hired externally.

Details of CLB’s recent insider sales…

Demshur (CEO) sold 200K shares, 44% of holdings:
http://www.sec.gov/Archives/edgar/data/1000229/000114036111038191/xslF345X03/doc1.xml

Bergmark (CFO) sold 50K shares, 29% of holdings:
http://www.sec.gov/Archives/edgar/data/1000229/000114036111038183/xslF345X03/doc1.xml

Davis (COO) sold 9,352 shares, 5% of holdings:
http://www.sec.gov/Archives/edgar/data/1000229/000114036111038185/xslF345X03/doc1.xml

Miller (Chief Accountant) sold 10K shares, 8% of holdings:
http://www.sec.gov/Archives/edgar/data/1000229/000114036111038188/xslF345X03/doc1.xml

Elvig (General Counsel) sold 2,246 shares, 21% of holdings:
http://www.sec.gov/Archives/edgar/data/1000229/000114036111038187/xslF345X03/doc1.xml