Spreadtrum (SPRD) CEO, CFO Buy Shares
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Spreadtrum Communications, Inc., (Nasdaq: SPRD), reports its executive officers President and Chief Executive Officer Dr. Leo Li, Chief Financial Officer Shannon Gao and Chief Technology Officer Joe Zou recently purchased a cumulative total of 281,766 American Depositary Shares of Spreadtrum on the open market, at purchase prices ranging from approximately $14 - $15.30 per ADS.
Dr. Li purchased 141,844 ADSs, Ms. Gao purchased 89,922 ADSs and Mr. Zou purchased 50,000 ADSs. The ADS purchases were made during an open window period in accordance with Spreadtrum's insider trading policy. None of the executive officers have sold any Spreadtrum shares during the last two years, and in the case of Mr. Zou, since he joined the Company in June 2011.
Dr. Li purchased 141,844 ADSs, Ms. Gao purchased 89,922 ADSs and Mr. Zou purchased 50,000 ADSs. The ADS purchases were made during an open window period in accordance with Spreadtrum's insider trading policy. None of the executive officers have sold any Spreadtrum shares during the last two years, and in the case of Mr. Zou, since he joined the Company in June 2011.
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