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Major owner of Imperva just disposed of 50,000 shares

Shlomo Kramer, a major owner of Imperva, recently disposed of 50,000 shares of the company. The disposals took place at prices ranging from $71.27 to $73.63 per share, on dates ranging from November 03 to November 04, 2015. Kramer still owns 3,639,957 shares of the company. Kramer operates out of Redwood Shores, CA. Some additional info was provided as follows:

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $71.02 to $71.99. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon requ est, full information regarding the number of shares sold at each separate price within the range. The shares are owned of record by HAPRI LIMITED, an investment holding...

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