Apparently $30 was a magic number for some Microsoft stock holders, including a few longtime executives who cashed in stock options that are finally in the money.
Senior Vice President Bob Muglia flipped 922,422 shares that have been exercisable since February 2006.
Muglia bought them for $25.14 and sold them today and Tuesday for $30, according to an SEC filing this afternoon.
Muglia’s not fully divesting — he and his wife and family foundation still have about 600,000 shares — but an extra $4.48 million is nice for the holidays.
Chief Research and Strategy Officer Craig Mundie also pounced this week. He acquired 367,000 shares exercisable since February 2006 at $25.14 and sold them Tuesday for $30, clearing $1.78 million.
If they’d waited until Wednesday’s close they could have netted another 11 cents per share.
But they timed it better than Bill Gates, whose regularly scheduled stock-sale plan unloaded 20 million shares in recent weeks in the $28 range.