Corporate Controller at Mentor Graphics Corp (NASDAQ:MENT), Richard Trebing, received 2,377 company shares, as an exercise or conversion of derivative security exempted pursuant to Rule 16b-3. Moreover, Mr. Trebing sold another 865 shares of common stock, at an average price of $ 22.10 per share. The transaction was effected under SEC code F: “Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3,” (SEC). Following the reported transactions, Mr. Trebing holds 5,702 shares at this Company, with a $ 2.51 Billion Market Cap. This is the first transaction reported by Mr. Trebing over the course of 2014. During Q3, 2013, the Corp. Controller reported selling 668 company shares, at a Price of $22.86 per share.
Moreover, Carl Icahn’s hedge fund, Icahn Capital Lp, holds an important amount of shares at Mentor Graphics Corp (NASDAQ:MENT). It owns more than 16 million shares, worth above $347 million, and accounting for 0.9% of the fund’s Equity Portfolio. Ken Fisher’s Fisher Asset Management also holds shares at the company: it owns 1,682,324 securities, with a value of more than $36 million, and representing 0.07% of its Equity Portfolio.
Disclosure: None.
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