Transcept Pharmaceuticals Inc (TSPT)

[reddymade]

Thomas P. Soloway CFO of TSPT bought for 2.68 and sold for 7.8$ right after approval

How come CFO OF tspt sold his shares right after approval, did'nt he has any confidence in share price.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001181431-11-057709%2Etxt&FilePath=%5C2011%5C11%5C28%5C&CoName=TRANSCEPT+PHARMACEUTICALS+INC&FormType=4&RcvdDate=11%2F28%2F2011&pdf=