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Jive Software director just disposed of 85,500 shares

Anthony Zingale, a director of Jive Software, recently disposed of 85,500 shares of the company. The disposals took place at prices ranging from $4.73 to $5.11 per share, on dates ranging from November 09 to November 11, 2015. Zingale still owns 806,566 shares of the company. Zingale operates out of Palo Alto, CA. Some additional info was provided as follows:

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2015, as amended on August 7, 2015. This is the weighted average sale price of the shares sold, which ranged from $4.69 to $4.78 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information re garding...