Roland Benjamin Cortes insider trades: Netlogic Microsystems (NETL) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Roland reports to the SEC
Open-market buys and sales
25 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Nov 30, 2011 | NETL | ↓ Sell | 19,997 | $49.38 | $987K | Direct | Nov 30, 2011 (0d) |
| Nov 3, 2010 | NETL | ↓ Sell | 10,436 | $29.94 | $312K | Direct | Nov 5, 2010 (2d) |
| Aug 3, 2010 | NETL | ↓ Sell10b5-1 | 10,706 | $29.15 | $312K | Direct | Aug 5, 2010 (2d) |
| May 5, 2010 | NETL | ↓ Sell | 11,236 | $29.25 | $329K | Direct | May 7, 2010 (2d) |
| Feb 19, 2010 | NETL | ↓ Sell | 15,483 | $54.52 | $844K | Direct | Feb 22, 2010 (3d) |
| Feb 8, 2010 | NETL | ↓ Sell | 3,003 | $48.49 | $146K | Direct | Feb 10, 2010 (2d) |
| Nov 30, 2009 | NETL | ↓ Sell | 20,217 | $40.72 | $823K | Direct | Dec 2, 2009 (2d) |
| Aug 11, 2008 | NETL | ↓ Sell | 7,500 | $35.00 | $263K | Direct | Aug 12, 2008 (1d) |
| May 7, 2008 | NETL | ↓ Sell | 15,000 | $35.00 | $525K | Direct | May 9, 2008 (2d) |
| Oct 30, 2007 | NETL | ↓ Sell | 11,000 | $32.87 | $362K | Direct | Oct 31, 2007 (1d) |
| Jul 30, 2007 | NETL | ↓ Sell | 11,000 | $31.46 | $346K | Direct | Aug 1, 2007 (2d) |
| May 2, 2007 | NETL | ↓ Sell | 11,000 | $31.57 | $347K | Direct | May 4, 2007 (2d) |
| Feb 2, 2007 | NETL | ↓ Sell | 9,000 | $25.01 | $225K | Direct | Feb 2, 2007 (0d) |
| Jan 30, 2007 | NETL | ↓ Sell | 2,000 | $23.78 | $48K | Direct | Feb 1, 2007 (2d) |
| Aug 3, 2006 | NETL | ↓ Sell | 8,000 | $25.00 | $200K | Direct | Aug 3, 2006 (0d) |
| May 2, 2006 | NETL | ↓ Sell | 8,000 | $38.60 | $309K | Direct | May 4, 2006 (2d) |
| Jan 31, 2006 | NETL | ↓ Sell | 8,000 | $36.56 | $292K | Direct | Feb 2, 2006 (2d) |
| Dec 1, 2005 | NETL | ↓ Sell | 2,500 | $26.12 | $65K | Direct | Dec 5, 2005 (4d) |
| Nov 14, 2005 | NETL | ↓ Sell | 2,974 | $23.95 | $71K | Direct | Nov 14, 2005 (0d) |
| Nov 1, 2005 | NETL | ↓ Sell | 2,500 | $19.41 | $49K | Direct | Nov 2, 2005 (1d) |
| Sep 1, 2005 | NETL | ↓ Sell | 7,500 | $20.42 | $153K | Direct | Sep 1, 2005 (0d) |
| Aug 15, 2005 | NETL | ↓ Sell | 2,500 | $20.40 | $51K | Direct | Aug 16, 2005 (1d) |
| Aug 3, 2005 | NETL | ↓ Sell | 5,000 | $20.97 | $105K | Direct | Aug 4, 2005 (1d) |
| Jun 1, 2005 | NETL | ↓ Sell | 2,500 | $13.83 | $35K | Direct | Jun 3, 2005 (2d) |
| May 2, 2005 | NETL | ↓ Sell | 2,500 | $11.72 | $29K | Direct | May 4, 2005 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Roland Benjamin Cortes's insider trades
Roland Benjamin Cortes is VP, General Counsel at Netlogic Microsystems (NETL). Since May 2, 2005, Roland has reported no open-market purchases and 25 sales worth $7.2M on SEC Form 4. There have been no open-market trades in the last 12 months.
1 sale (4% of the value sold) was made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so it says little about how the insider sees the stock today.
Their filings also include option exercises (17 filings), grants and awards (17 filings), other transactions (8 filings), shares returned to the company (2 filings). 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 NETL insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.