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Linear Technology VP Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-16
NEW YORK (AP) -- A vice president and the chief technology officer of chip maker Linear Technology Corp. exercised options for 100,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

In a Form 4 filed with the SEC, Robert C. Dobkin reported exercising the options Monday for $12.97 apiece and then selling the same number of shares on the same day for $31.72 to $31.84 apiece.

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 is based in Milpitas, Calif.

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