Dice Holdings, Inc. Announces Rule 10b5-1 Stock Trading Plans
NEW YORK, May 16, 2011 /PRNewswire/ -- Dice Holdings, Inc. (NYSE: DHX) today announced that Scot Melland, Chairman, President & CEO, as well as other senior executives, have adopted pre-arranged stock trading plans in accordance with the guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934. Commencing in May 2011, Mr. Melland's plan provides for the exercise and sale of certain options on a routine basis and has been initiated primarily for portfolio diversification and financial planning purposes.
Rule 10b5-1 plans allow corporate officers and directors to adopt written, pre-arranged stock trading plans when they are not in possession of material, non-public information. Such plans establish parameters for future stock transactions to automatically take place.
The transactions under the plan will be disclosed publicly through filings with the Securities and Exchange Commission.
About Dice Holdings, Inc.
Dice Holdings, Inc. (NYSE: DHX) is a leading provider of specialized career websites for professional communities, including technology and engineering, financial services, energy, healthcare, and security clearance. Our mission is to help our customers source and hire the most qualified professionals in select and highly skilled occupations, and to help those professionals find the best job opportunities in their respective fields and further their careers. For more than 20 years, we have built our company by providing our customers with quick and easy access to high-quality, unique professional communities and offering those communities access to highly relevant career opportunities and information. Today, we serve multiple markets primarily in North America, Europe, the Middle East, Asia and Australia.
Investors & Media Contact:
Dice Holdings, Inc.
Jennifer Bewley, 212-448-4181
Director, Investor Relations & Corporate Communications
[email protected]
SOURCE Dice Holdings, Inc.
Share this article