It was a happy Pi Day 2007 for Michael Ovitz."Director Michael Ovitz purchased a total of 100,000 shares at $6.40 to $6.57 on March 14th and March 15th, increasing his holdings to 983,312 shares. It was the seventh time since April 2004 that Ovitz has purchased shares of Opsware, and the first time since June 2006, when he took down 100,000 shares at $6.98. Since May 2005, Ovitz has purchased 647,200 shares at an average price of $5.92."
According to the Wikipedia, Ovitz become president of Walt Disney Company and he was dismissed fourteen months after taking office. His severence package included
$38 million in cashand
$100 million in stock.
Creator: Gerald D. Thurman
Created: 22 March 2007