$1M of FRS sold by Craig Maier on 08/30/2012

Maier Craig F sold 32,000 shares of Frischs Restaurants Inc stock, or $1,033,920 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on August 30, 2012.

After the transaction, Maier Craig F's stake was reported as 28,654 shares of Frischs Restaurants Inc stock.

As noted on August 31, 2012, Maier Craig F's sale was done indirectly through "AS TRUSTEE OF THE JACK C. MAIER EXEMPT QTIP TRUST" over 5 transactions on August 30, 2012. The share price for the transaction was $32.31 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Maier Craig F has sold a total of 32,000 shares of Frischs Restaurants Inc, proceeds from the sale totaled $1,033,920. Over the same time period, Maier Craig F has purchased no shares of Frischs Restaurants Inc stock.

Let's take a quick, high-level look at insider trading at Frischs Restaurants Inc over the past 12 months. A total of 93,620 shares of Frischs Restaurants Inc stock was sold by insiders, totaling $2,999,634. Over the same time 12 month time period, no shares of Frischs Restaurants Inc were purchased by company insiders.

To view the complete SEC Filing: Frischs Restaurants Inc Form 4 (Insider Trading) SEC Filing