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Marketo's SVP & Chief Marketing Officer just cashed-in 4,813 options

Sanjay Dholakia, Marketo's SVP & Chief Marketing Officer, recently cashed-in 4,813 options. The options were exercised at prices ranging between $4.56 and $7.42, while the disposals took place at $29.04 per share, on November 02, 2015. Dholakia continues to hold 39,025 shares of the company. Dholakia operates out of San Mateo, CA. Some additional info was provided as follows:

The shares were sold pursuant to Mr. Dholakia's 10b5-1 Plan entered into on August 13, 2015. This transaction was executed in multiple trades at prices ranging from $28.65 to $29.19. The price...