Shire (SHPGY) President Michael Cola Sells ~$1.90M of ADS Holdings

December 14, 2011 10:47 AM EST
Shire plc (Nasdaq: SHPGY), was notified on December 13, 2011, that Michael Cola had, on December 12, 2011, sold 16,483 Shire plc American Depositary Shares at an average sale price of $99.2708 per ADS.

The Company was also notified today that on December 13, 2011 Mr Cola sold 2,636 ADSs at an average sale price of $99.3808 per ADS.

The ADSs were sold on the NASDAQ. One ADS is equal to three Shire plc ordinary shares.

Following the above transactions, Mr Cola holds 8,155 ADSs and awards of Stock Appreciation Rights, Performance Shares and Restricted Shares over 105,307 ADSs.

Cola is President, Specialty Pharmaceuticals at Shire.


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