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CalAmp CEO, business development chief sell shares

Published 10/06/2017, 10:44 AM
© Reuters.  CalAmp CEO, business development chief sell shares
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  • CalAmp (CAMP -1.5%) SEC filings have indicated a pair of insider moves to sell the stock.
  • Senior VP of Business Development Garo Sarkissian this week disposed of 4,994 shares at $24.03, and 4,839 shares at $23.75, to draw gross proceeds of $234,932.
  • Meanwhile, as part of an existing 10b5-1 trading plan, President/CEO Michael Burdiek filed that he exercised options for 4,000 shares at $2.13 each, sold 4,000 shares at $23.99 and another 5,000 shares at the same price.
  • The 9,000 shares sold brought Burdiek $215,910 in proceeds.
  • Now read: Motorola (NYSE:MSI) Solutions: Time To Say Goodbye


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