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Linear Technology Chairman Sells Stock

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-16
NEW YORK (AP) -- The chairman of Linear Technology Corp., which makes integrated circuits, exercised options for and sold 25,000 shares of stock, according to a Securities and Exchange Commission filing Wednesday.

In a Form 4 filed with the SEC, Robert Swanson reported he exercised options for $12.97 apiece and sold the shares for $31.94 apiece on Tuesday.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Linear Technology is based in Milpitas, Calif.

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