Bill Gates sells 2 million Microsoft shares
Microsoft Director Bill Gates sold 2 million shares of the software company he founded for $37.7 million, according to a late Monday filing with the Securities and Exchange Commission.
He sold the shares at the weighted average price of $18.8361 - the price range actually was $18.32 to $19.09.
Gates is left with 756.1 million shares held directly and 424,816 indirectly.
Monday's filing gives Gates a total of 15.8 million that he has sold in 2009 for a value of $290 million.
The current slate of sales comes on the heels of 20 million shares Gates sold from Oct. 31 to Nov. 13 last year at a value of $435 million.
In the past six months, excluding Monday's filing, company insiders have sold a total of 37.2 million shares for $749.6 million. No shares were purchased.
Shares of Microsoft