09.02.2013 Views

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

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

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

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Dollars per Share<br />

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

Defendant W. Gramm's Quarterly Shares Sold (Dollar Volume)<br />

June 1996 - November 2001<br />

$100<br />

$80<br />

$60<br />

$40<br />

$20<br />

$0<br />

(z) Defendant Wendy L. Gramm ("Gramm") was, at all relevant times, a director<br />

<strong>of</strong> <strong>Enron</strong>. During the Class Period, while in possession <strong>of</strong> adverse undisclosed information about<br />

the Company, Gramm sold 10,328 shares <strong>of</strong> her <strong>Enron</strong> stock for $278,892 in illegal insider trading<br />

proceeds. This defendant's insider selling before and during the Class Period is shown below:<br />

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

Pre - Class Period Shares sold: 7,760<br />

Proceeds from Sales: $191,090<br />

Class Period Shares sold: 10,328<br />

Proceeds from Sales: $278,892<br />

% <strong>of</strong> holdings sold: 84%<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 />

- 92 -<br />

Class Period<br />

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

$300<br />

$250<br />

$200<br />

$150<br />

$100<br />

$50<br />

$0<br />

Proceeds (Thousands)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!