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Illumina CEO Sold $3.3M Worth of Company Stock Since Start of 2006

Aug 16, 2006
NEW YORK (GenomeWeb News) - Illumina CEO Jay Flatley sold 2,500 shares of the company's stock at $35.04 apiece for total proceeds of $87,600 on Aug. 10, according to documents filed with the Securities and Exchange Commission on Monday.
 
He sold 14,000 shares this month before last week's transaction for total proceeds of $515,466. He currently owns 647,998 shares of Ilumina stock.
 
Shares in Illumina were down 6.8 percent, or $2.34, to $32.09 in mid-afternoon trading today. 
 
Flatley has sold 119,500 shares since the beginning of the year, pocketing almost $3.3 million in proceeds.

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