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Jive Software director just disposed of 22,200 shares

Matthew Tucker, a director of Jive Software, recently disposed of 22,200 shares of the company. The disposals took place at $5.04 per share, on November 10, 2015. Tucker still owns 6,258,474 shares of the company. Tucker operates out of Palo Alto, CA. Some additional info was provided as follows:

The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2015. This is the weighted average sale price of the shares sold...