$3.7M of BMC sold by Meldon Gafner on 11/05/2012

Gafner Meldon K sold 90,000 shares of Bmc Software Inc stock, or $3,689,820 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on November 5, 2012.

After the transaction, Gafner Meldon K's stake was reported as 49,215 shares of Bmc Software Inc stock. In addition, Gafner Meldon K performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on November 6, 2012, Gafner Meldon K's sale was done directly over 3 transactions on November 5, 2012. The share price ranged from $40.98 to $41.01 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Gafner Meldon K has sold a total of 90,000 shares of Bmc Software Inc, proceeds from the sale totaled $3,689,820. Over the same time period, Gafner Meldon K has purchased no shares of Bmc Software Inc stock. Gafner Meldon K has also performed other transactions including exercise of options .

Let's take a quick, high-level look at insider trading at Bmc Software Inc over the past 12 months. A total of 370,668 shares of Bmc Software Inc stock was sold by insiders, totaling $15,494,323. Over the same time 12 month time period, no shares of Bmc Software Inc were purchased by company insiders.

To view the complete SEC Filing: Bmc Software Inc Form 4 (Insider Trading) SEC Filing