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Opti Inc. Message Board

  • smaycs4 smaycs4 Mar 20, 2013 6:04 PM Flag

    Sal buys more

    Form 4 OPTI INC For: Mar 18 Filed by: SALVATORE MUOIO

    3350 at .57.

    A few days prior Bernie filed a form 4

    Showing 2 transactions under code L.
    2000 at .5475 and
    4000 at .5475
    Both show trade dates of 3/11. But there were no open market trades on that day.

    possible explanation..

    .Other Sections 16b Exempt Transactions and Small Acquisition Codes
    L – Small Acquisition

    Ive never seen code L on a form 4 in my nearly 30 years of investing. And Ive read a lot of form 4s.