After the transaction, Gross Phillip's stake was reported as 6,976,302 shares of Smart Balance, Inc stock.
As noted on October 9, 2012, Gross Phillip's sale was done indirectly through "See Footnote" over 6 transactions from October 5, 2012 to October 8, 2012. The share price ranged from $12.5 to $12.76 according to the regulatory filing detailing the transactions.
If we look over the past 12 months, Gross Phillip has sold a total of 367,000 shares of Smart Balance, Inc, proceeds from the sale totaled $4,599,968. Over the same time period, Gross Phillip has purchased no shares of Smart Balance, Inc stock.
Let's take a quick, high-level look at insider trading at Smart Balance, Inc over the past 12 months. A total of 367,000 shares of Smart Balance, Inc stock was sold by insiders, totaling $4,599,968. Over the same time 12 month time period, 24,110 shares of Smart Balance, Inc, for a total value of $135,676 were purchased by company insiders.
To view the complete SEC Filing: Smart Balance, Inc Form 4 (Insider Trading) SEC Filing
