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Vivus Insiders Sell Stock Ahead of Crucial FDA Approval Decision

CEO Wilson sold 100,000 Vivus shares in two tranches for total proceeds of $2.7 million. Wilson still owns more than 4.3 million shares of Vivus stock and options.

President Tam sold a total of 336,350 shares of Vivus stock in June, grossing $8.6 million. Tam's sales are the most noteworthy of the three executives because he sold 30% of his total Vivus stock holdings.

Chief Commercial Officer Miller sold 50,000 shares of Vivus stock for gross proceeds of $1.3 million.

--Written by Adam Feuerstein in Boston.



>To contact the writer of this article, click here: Adam Feuerstein.

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Adam Feuerstein writes regularly for TheStreet. In keeping with company editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet. He also doesn't invest in hedge funds or other private investment partnerships. Feuerstein appreciates your feedback; click here to send him an email.
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