Dice Holdings, Inc. Announces Rule 10b5-1 Stock Trading Plans for Expiring Stock Options
NEW YORK, March 31, 2015 /PRNewswire/ -- Dice Holdings, Inc. (NYSE: DHX) today announced that Michael Durney, President & CEO, earlier adopted pre-arranged stock trading plans covering stock options set to expire August 31, 2015. These plans are in accordance with the guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934. Commencing in April 2015, Mr. Durney's plans provide for the exercise of all options that were granted in November 2005 and are due to expire August 31, 2015 (688,065 in total), as well as the sale of a portion of those shares acquired upon exercise. The remainder of the shares will be held by Mr. Durney.
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 plans 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 websites for professional communities, including technology and engineering, financial services, energy, healthcare, hospitality 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, Asia and Australia.
Investor Contact
Dice Holdings, Inc.
Jennifer Milan, 212-448-4181
[email protected]
SOURCE Dice Holdings, Inc.
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