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Old 07-31-2005, 03:30 PM   #1
Alexander Turcic
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Another PalmSource executive cashes out

Edit: It came to my attention that Gabi is still employeed at PalmSource, but apparently not any longer as VP?

Only days after the announcement that ex-CEO David Nagel is planning to sell part of his inventory of PalmSource stock, Gabriele Schindler, former PalmSource Senior Vice President and major shareholder, filled Form 144 to announce her intention to sell all of her 55,220 restricted shares (with a current value of about $450k).

If you are interested in snooping around, check out Gabi's initial employment agreement with PalmSource. A salary of $275k to begin with (excluding bonuses and other extraordinary payments) isn't all that bad!

Update: Here is a link to all recently proposed insider trades.
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