Enron Corp. - University of California | Office of The President

Dollars per Share
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Enron Corp.
C. Baxter's Quarterly Shares Sold (Dollar Volume)
June 1996 - November 2001
Summary of Insider Sales:
Pre - Class Period Shares sold: 54,896
Proceeds from Sales: $1,408,913
Class Period Shares sold: 619,898
Proceeds from Sales: $34,734,854
% of holdings sold: 71%
Enron Stock Price
Insider Sales
J S D M J S D M J S D M J S D M J S D M J S D M
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Class Period
10/19/98 - 11/27/01
1996 1997 1998 1999 2000 2001
84. As officers, directors and/or controlling persons of a publicly held company whose
stock is registered with the SEC under the 1934 Act and traded on the New York Stock Exchange,
the Enron Defendants had a duty to promptly disseminate accurate and truthful information with
respect to the Company's operations, business, products, markets, management, earnings, and present
and future business prospects, to cause Enron's financial statements to fairly present its financial
condition and results from operations in conformity with GAAP, to correct any previously issued
statements that had become untrue and to disclose any adverse trends that would materially affect
the present and future financial operating results of the Company, so that the market price of the
Company's stock would be based upon truthful and accurate information. During the Class Period,
the Enron Defendants engaged in illegal insider trading, selling over 20 million shares of their Enron
stock at prices inflated by their fraudulent scheme and while in possession of material adverse non-
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Proceeds (Millions)