Former Research In Motion CEO Mike Lazaridis had an automatic securities disposition plan in place last year. Under the plan in 2011, he sold 1,103,071 shares in the public market on an indirect holding basis at a reported price of $58.60 and 400,000 shares on a direct basis at $62.07 (sales shown on chart at Dec. 31). He has since terminated the plan and now he is buying. On Jan. 25 he bought 3,163,895 shares in the market at an INK estimated average price of $15.89.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.