Note second part of announcment in bold.
SAN FRANCISCO (CBS.MW) -- Oracle (ORCL
Oracle Corporation
Delayed quote data
ORCL ) revealed in a regulatory filing Wednesday that CEO Larry Ellison exercised 1 million stock options on Tuesday priced at about $1.69 a share and sold them the same day at prices ranging from $11.38 to $11.87 a share, netting nearly $10 million. The company announced last month that Ellison plans to sell 120 million of his roughly 1.4 billion Oracle shares over the next year, as part of a stock-selling plan. Oracle shares rose 13 cents to $11.83 in midsession trading. ![]()