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

Dollars per Share
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Enron Corp.
Insiders' Quarterly Shares Sold (Dollar Volume)
June 1996 - November 2001
Summary of Insider Sales:
Pre - Class Period Shares sold: 625,866
Proceeds from Sales: $13,427,719
Class Period Shares sold: 20,788,957
Proceeds from Sales: $1,190,479,472
% of holdings sold: 51%
Enron Stock Price
Insider Sales
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Class Period
10/19/98 - 11/27/01
1996 1997 1998 1999 2000 2001
85. Enron's Board of Directors used working committees to oversee and control Enron's
business. These committees met frequently and received detailed written and oral reports concerning
those parts of Enron's business within their purview. They were:
(a) The Audit Committee, which worked with Enron's auditors, as well as Enron
officers and employees who were responsible for legal, financial and accounting matters. It
approved the appointment of Andersen as Enron's "independent" auditor and the Audit Committee
reviewed and approved the accounting policies and reporting practices, internal auditing and internal
controls, and compliance with Enron's policies regarding business conduct.
(b) The Finance Committee monitored, reviewed and approved Enron's financial
activities. The Finance Committee reviewed the financial plans and proposals of Enron's
management.
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Proceeds (Millions)