MS
Michael J Simon
Secretary

Michael J Simon insider trades: International Securities Exchange Holdings (ISE) stock sales

Secretary, International Securities Exchange Holdings Last trade Jul 24, 2007 17 Form 4 filings
$0
Sold, last 12 months
0 sales
$0
Bought, last 12 months
0 buys
10
Open-market trades
since 2005
1
Company
last trade 2007

Trades on the price chart

Daily close, with an arrow on each day they bought or sold

Companies

Where Michael reports to the SEC

Open-market buys and sales

10 trades reported on SEC Form 4, newest first

DateStockTypeValue
Jul 24, 2007ISE↓ Sell$488K
May 31, 2007ISE↓ Sell$488K
Feb 22, 2007ISE↓ Sell$235K
Jan 22, 2007ISE↓ Sell$228K
Dec 22, 2006ISE↓ Sell$232K
Nov 22, 2006ISE↓ Sell10b5-1$282K
Oct 23, 2006ISE↓ Sell10b5-1$249K
Sep 22, 2006ISE↓ Sell10b5-1$224K
Mar 21, 2006ISE↓ Sell10b5-1$294K
Dec 8, 2005ISE↓ Sell$566K

Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.

About Michael J Simon's insider trades

Michael J Simon is Secretary at International Securities Exchange Holdings (ISE). Since Dec 8, 2005, Michael has reported no open-market purchases and 10 sales worth $3.3M on SEC Form 4. There have been no open-market trades in the last 12 months.

4 sales (32% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.

Their filings also include option exercises (10 filings), shares withheld for taxes (4 filings), grants and awards (2 filings), shares returned to the company (1 filing). These aren't open-market trades and aren't counted above.

How to read insider trades

Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every ISE insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.