Linkedin Corp (LNKD): $ 582K of stock sold by Nishar Dipchand; 1 Additional Transaction

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June 4, 2012 (MMD Newswire) -- Nishar Dipchand sold 5,921 shares of Linkedin Corp stock, or $581,737 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on May 29, 2012.

After the transaction, Nishar Dipchand's stake was reported as 50,644 shares of Linkedin Corp stock. In addition, Nishar Dipchand performed several other transactions, including using transaction codes 'C' (conversion of options).

As noted on May 31, 2012, Nishar Dipchand's sale was done directly over 3 transactions on May 29, 2012. The share price ranged from $97.54 to $99.19 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Nishar Dipchand has sold a total of 5,921 shares of Linkedin Corp, proceeds from the sale totaled $581,737. Over the same time period, Nishar Dipchand has purchased no shares of Linkedin Corp stock. Nishar Dipchand has also performed other transactions including option conversions .

Let's take a quick, high-level look at insider trading at Linkedin Corp over the past 12 months. A total of 5,902,071 shares of Linkedin Corp stock was sold by insiders, totaling $443,076,167. Over the same time 12 month time period, no shares of Linkedin Corp were purchased by company insiders.

Source: SEC Filings
 

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