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BOFI » Topics » BofI Holding, Inc. Reports Private Sale and Purchase of Stock Between Directors

This excerpt taken from the BOFI 8-K filed Jun 5, 2007.

BofI Holding, Inc. Reports Private Sale and Purchase of Stock Between Directors

 

SAN DIEGO, CA – 6/5/07 — BofI Holding, Inc. (NASDAQ: BOFI) (“B of I”), parent of Bank of Internet USA, today announced that a total of 14,000 shares of common stock were sold and purchased in a private transaction between three of the company’s directors. On June 1, 2007, B of I was notified that its director Gordon Witter sold 14,000 shares of common stock at a price of $7.49 per share in a private transaction with B of I director and Chairman, Jerry Englert, and director, Michael Chipman, who each acquired 7,000 shares. Mr. Englert purchased his shares through the Englert Family Trust and Mr. Chipman purchased his shares through The Chipman First Family Limited Partnership.

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