Netezza Corp CEO Sells 100,000 Shares of NZ

In a Form 4 filed after the bell today, Netezza Corp

CEO James Baum reported that he exercised and sold 100,000 shares of NZ on August 27th for an average price of $18.25. The exercise price was $2.50. The transaction totaled $1,825,000, netting the CEO $1,575,000. This sale was 10b5-1 Plan indicated. Mr. Baum owns 75,000 direct shares of NZ. Source: The Washington Service