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Google director Ram Shriram sells shares worth $16.5 million

Ram Shriram, a founding board member and director of Google, has sold 27,475 shares of the company for $600 and $602 apiece, reports Forbes.

The stock sale was conducted under a prearranged trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.

Ram Shriram, a founding board member and director of Google, has sold 27,475 shares of the company for $600 and $602 apiece, reports Forbes.

The stock sale was conducted under a prearranged trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.

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