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whassup

01/22/15 4:58 PM

#1310 RE: chmcnfunds #1309

There IPO had 74.3 million shares outstanding.

Now it's 84.2 million outstanding.

Stock based compensation for 9 mos 2014 was $ 18.9 mil. $ 19 mil in 2013 and $ 8.4 mil in 2012.

Plenty more to come, another 29 mil shares are in the bonus plan.

ciciagt

01/22/15 6:07 PM

#1311 RE: chmcnfunds #1309

FWIW, I don't look at each and every filing, but the footnotes often indicate the sells are due to pre-established trading plans under rule 10b5-1 ... which allows major holders "to sell a predetermined number of shares at a predetermined time. 10b5-1 plans are used by many corporate executives in an attempt to avoid accusations of insider trading."

INVESTOPEDIA EXPLAINS 'RULE 10B5-1'
It is not uncommon to see a major holder sell some of his/her shares at regular intervals. For example, a director of XYZ Corporation may choose to sell 5,000 shares of stock on the second Wednesday of every month. To avoid conflict, 10b5-1 plans must be established when the individual is unaware of any material non-public information.