Eli Lilly and Co (NYSE:LLY) SVP Jeffrey N. Simmons sold 12,500 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $86.46, for a total value of $1,080,750.00. Following the sale, the senior vice president now directly owns 124,522 shares of the company’s stock, valued at approximately $10,766,172.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
He needed the million dollars to buy himself a clue....on how to successfully run an animal health company. Or maybe he envisions a drop in stock value coming in the near future due to turmoil or continued failures.
his call yesterday was hilarious. Like get a clue dude. It was the same speech from 2016 and 2017. And he tells us not to have a plan B? Sorry Jeffy not all of us have 10 mill in stocks to fall back on, we need a plan B.
Typical, all fluff and words, nothing tangible, no strategy. How long before Indy realizes he is just a 'canned speech' and actually has little ability. 'No plan B'? After what's happened in the past few months? Disingenuous at best, but more likely just a liar trying to hold it together so he can cash out.
There have been a lot of people who had plan Bs that became their plan As and they left for greener pastures. It will be interesting to see the bonus multiple for 2017. Undoubtedly another year of well below 1.0. Year over year of poor performance becomes material to families’ finances. It is ridiculous to tell people not to have a plan B. I am sure he has a plan B and you might see it soon.
