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Scandle34

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Scandle34

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Re: inspro post# 25

Thursday, 05/09/2013 11:10:18 AM

Thursday, May 09, 2013 11:10:18 AM

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most of the insider selling was "cashless exercise" You have options to buy $1 stock from a year or two ago. The options vest and you want to take them and hold the shares for a year for long term capital gains but you also do not want to put up money. You sell enough of the options shares to pay the taxes and the cost of the rest.
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