Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $315.20 to $320.06. Specifically: 318 shares were sold in the range of $315.20 to $316.06, with a weighted average share price of $315.60; 84 shares were sold at a price of $316.68; 36 shares were sold at a price of $318.84; and 817 shares were sold in the range of $319.075 to $320.06, with a weighted average share price of $319.51. |
| F2 | Footnote continued: The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price. |