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Tuesday, January 21, 2014 3:30:58 PM
"I can't answer that question as the answer would be non public, but what I can say is insiders are allowed to participate in our annual employee share purchase plan as of Jan. 16th. Most staff purchase every two weeks, whereas officers and directors participate annually.
The company subsidizes half the cost of the purchases, which are made out of the market by a brokerage that administers the plan each pay period.
We're allowed to do up to 10% of our salary.
Outside of the plan, our insider trading policy blocks buying or selling stock from the end of the quarter until results are released."
Cheers!
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