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MURPHY

Interlink Execs Sell 290,000 Shares of Common Stock

August 15, 2000|BARBARA MURPHY

Interlink Electronics Inc. in Camarillo said some of its officers and directors have sold 290,000 shares of the company's common stock.

The sale represented approximately 2% of the company's fully diluted shares, or 10% of the stock owned or obtainable through options by each participating officer and director.

"Early this year we filed for a public offering, and in that registration statement there were insider secondary shares," said Paul D. Meyer, Interlink's chief financial officer. "This offering was subsequently canceled due to poor market conditions. The recent selling by insiders was the first opportunity since the cancellation of the offering.'

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