PB
Paul S Bavier
General Counsel

Paul S Bavier insider trades: Biodel (BIOD) stock sales

General Counsel, Biodel Last trade Dec 7, 2012 21 Form 4 filings
$0
Sold, last 12 months
0 sales
$0
Bought, last 12 months
0 buys
4
Open-market trades
since 2011
2
Companies
last trade 2012

Trades on the price chart

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

Companies

Where Paul reports to the SEC

Open-market buys and sales

4 trades reported on SEC Form 4, newest first

DateStockTypeValue
Dec 7, 2012BIOD↓ Sell10b5-1$34K
Nov 2, 2012BIOD↓ Sell10b5-1$10K
Mar 13, 2012BIOD↓ Sell$5K
Feb 9, 2011BIOD↓ Sell10b5-1$7K

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

About Paul S Bavier's insider trades

Paul S Bavier is General Counsel at Biodel (BIOD). Since Feb 9, 2011, Paul has reported no open-market purchases and 4 sales worth $57K on SEC Form 4. There have been no open-market trades in the last 12 months.

3 sales (91% 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 grants and awards (11 filings), option exercises (7 filings), shares withheld for taxes (4 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 BIOD insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.