This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Mellanox Technologies Officers Adopt 10b5-1 Stock Trading Plans 2009-10-30 16:05 ET - News Release  Company Website:
http://www.mellanox.com SUNNYVALE, Calif. & YOKNEAM, Israel -- (Business Wire)
Mellanox® Technologies, Ltd. (NASDAQ:MLNX) (TASE:MLNX), a leading
supplier of end-to-end connectivity solutions for servers and storage,
today announced that Eyal Waldman, chairman, president and CEO, and
Michael Gray, chief financial officer,have each adopted a stock
trading plan to sell a portion of their shares of the company in an
orderly manner. Each plan adopted is in accordance with the guidelines
specified by Rule 10b5-1 under the Securities and Exchange Act of 1934.
Rule 10b5-1 permits corporate officers, directors and others to adopt
written, pre-arranged stock trading plans when they are not in
possession of material, non-public information. Using these plans,
insiders may gradually diversify their investment portfolios and spread
stock trades over a period of time regardless of any material,
non-public information they may receive after adopting their plans. In
accordance with 10b5-1 rules, Mr. Waldman and Mr. Gray will have no
discretion over sales under their respective plans.
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