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BroadSoft's President & CEO just disposed of 9,718 shares

Michael Tessler, BroadSoft's President & CEO and a director of the company, recently disposed of 9,718 shares of the company. The disposals took place at $40.21 per share, on April 18, 2016. Tessler still owns 201,897 shares of the company. Tessler operates out of Gaithersburg, MD. Some additional info was provided as follows:

These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2016. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 - $40.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full infor mation regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

BroadSoft's President & CEO just disposed of 4,190 shares - April 18, 2016
BroadSoft's Chief Technology Officer just disposed of 1,440 shares - April 18, 2016
BroadSoft's Chief Financial Officer just disposed of 1,317 shares - April 18, 2016