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LifeinAsia - 11:36 pm on May 10, 2006 (gmt 0)
According to Eric Schmidt (see Matt Cutts' blog): "Execs around IPO time were required to enter into 10b5 plans as part of best practices." He didn't go into specifics, but the plans may have been written so that execs had to sell a certain amount of shares at certain times or at certain prices.
Another question is the type of stock that was sold.
Ha- correct! Maybe.