Last week we let you know that the Vice President of Google sold 19,472 shares, today it was annouced that a director of Google, John L. Doerr, sold 32,650 shares of common stock under a prearranged trading plan, for between $455 and $469.25 a share.
The stock sale was conducted under a prearranged 10b5-1 trading plan, which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.
