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Docu-Drama

Golden parachute of the day…

Looks like today's winner is Harold Covert, who tendered his resignation at OpenWave this week. In an 8-K filed Thursday, the company disclosed that Covert had resigned as chief financial offer. As parting gifts, he gets $700,000, a year of health and dental Read More →

Juniper lives, and so do insider stock sales…

Juniper is back. And so are its insider stock sales. The Sunnyvale networking equipment company seemed to be on the endangered species list during the telecom collapse earlier this decade. But it's rebounded nicely, especially over the past year when its Read More →

Cnet and SEC go “formal”…

I posted a story early on Tuesday morning on Cnet disclosing that the SEC  had elevated its options probe from "informal" to "formal." The company also revealed that some number of unnamed former executives had been subpoenaed. This apparently Read More →

The long and winding road to a big Apple stock sale…

On Monday, Apple director William Campbell spent $690,000 to exercise 120,000 options at $5.75 per share. He sold all those shares for $17,357,271 for a net gain of $16,667,271, according to a series of Form 4s he filed on Wednesday. Thank you iPhone! What's Read More →

A deal's a deal, right? Wrong. Not if you are a certain senior vice president for Affymetrix. On Wednesday the Santa Clara provider of genetic analysis tools detailed the good-bye package it gave to Thane Kreiner. (Oh, by the way, his employment Read More →

Wanted at Alliance Fiber Optic Products: Factcheckers…

Still hard to believe this mistake gets made, but Alliance Fiber Optic Products filed a series of Form 4s on Wednesday to correct mistakes made on the date and price of options granted to some insiders this year. The original form Read More →
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