Replies to post #1435 on InterDigital Inc (IDCC)

[rmarchma]

Spider re William Miller's insider sale on form 4

Mr. Miller exercised options and purchased 9,000 shares of IDCC stock at total cost of $77,580. On the same day, he sold 10,689 shares of IDCC at a total sales price of $174,370. After the sale, Mr. Miller has 3,201 actual remaining shares of IDCC still owned, according to the form 4. It would be much more bullish sign to me, if the insiders would sale less shares of stock than what they acquired through the option exercise. They could sell enough shares to raise the cash to pay for the exercised shares and the income tax on the gain. They do not have to sell all of the exercised shares. In that way they could still be a net purchaser and not a net seller. I do not see it as a bullish sign if they sell all of the stock that was acquired through option exercise. Certainly it is not bullish if they sell more shares than what was acquired through option exercise, as Mr. Miller just did.