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Mellanox Technologies VP sells shares



By AP
15 May 2008 @ 04:09 pm EST

NEW YORK - The vice president of engineering for Mellanox Technologies Ltd., which designs chips to help network components communicate, sold 10,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

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MLNX 13.29 -0.48

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In a Form 4 filed with the SEC, Roni Ashuri reported selling the shares on Monday and Tuesday for $16.60 to $16.83 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Mellanox is based in Yokneam, Israel.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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