Avaya Holdings Corp AVYA:NYSE

Last Price$12.03NYSE Closing Price as of 6:30PM ET 12/05/19

Today's Change-0.32(2.59%)
Bid (Size)$11.65 (1)
Ask (Size)$14.10 (1)
Day Low / High$12.03 - 12.39
Volume3.0 M

Insider Trends: Insider at Avaya Holdings Acquires Stock Via Conversion of Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

4:21PM ET 4/02/2019 MT Newswires
James M Chirico, Director and President & CEO, exercised options/derivative securities for 121,745 shares of Avaya Holdings (AVYA) and sold 54,421 shares in the company for $915,905 to meet tax obligations on Mar 31, 2019. After accounting for tax obligations this transaction resulted in a net acquisition of 67,324 company shares. Subsequent to the Form 4 filing with the SEC, Chirico has 335,411 shares of the company, with a market value, based on the prior-day closing price, of $5.75 million.

Over the last 90 days, previous to the date of this filing, there have been 11 insider transactions reported to the SEC for Avaya Holdings. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 112,073 company shares. Relative to the preceding 90-day window of time, there were 14 transactions from 10 insiders that resulted in the net acquisition of 481,726 shares.

This level of insider transactions is lower than the peer group average in the 79-company Communications & Networking peer group over the last 90-day period. Activity in the peer group averaged 67.3 transactions per company, and disposition of 12,822 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1418100/000141810019000049/xslF345X03/wf-form4_155423601096425.xml