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

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Dollars per Share<br />

<strong>Enron</strong> <strong>Corp</strong>.<br />

Defendant R. Mark's Quarterly Shares Sold (Dollar Volume)<br />

June 1996 - November 2001<br />

$100<br />

$80<br />

$60<br />

$40<br />

$20<br />

$0<br />

(n) Defendant Rebecca P. Mark-Jusbasche ("Mark-Jusbasche") was a top<br />

executive <strong>of</strong> <strong>Enron</strong> during the Class Period, i.e., Chairman and CEO <strong>of</strong> <strong>Enron</strong> International, and later<br />

Vice Chairman, as well as CEO <strong>of</strong> Azurix. During the Class Period, while in possession <strong>of</strong> adverse<br />

undisclosed information about the Company, Mark-Jusbasche sold 1,895,631 shares <strong>of</strong> her <strong>Enron</strong><br />

stock for $82,536,737 in illegal insider trading proceeds. Mark-Jusbasche also received bonus<br />

payments <strong>of</strong> $1.9 million, in addition to her salary, for 97, 98, 99 and 00 based on <strong>Enron</strong>'s false<br />

financial reports and because <strong>Enron</strong> stock hit certain performance targets. This defendant's insider<br />

selling before and during the Class Period is shown below:<br />

Summary <strong>of</strong> Insider Sales:<br />

Pre - Class Period Shares sold: 83,072<br />

Proceeds from Sales: $2,077,487<br />

Class Period Shares sold: 1,895,631<br />

Proceeds from Sales: $82,536,737<br />

% <strong>of</strong> holdings sold: 100%<br />

<strong>Enron</strong> Stock Price<br />

Insider Sales<br />

J S D M J S D M J S D M J S D M J S D M J S D M<br />

1996 1997 1998 1999 2000 2001<br />

(o) Deleted.<br />

- 79 -<br />

Class Period<br />

10/19/98 - 11/27/01<br />

$35<br />

$28<br />

$21<br />

$14<br />

$7<br />

$0<br />

Proceeds (Millions)

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