United Online director just sold 5,257 shares

Carol Scott, a director of United Online, recently sold 5,257 shares of the company. The sales took place at $18.79 per share, on November 13, 2013. Scott now owns just 864 shares of the company. Scott operates out of Woodland Hills, CA. Some additional info was provided as follows:

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 15, 2013 and amended on August 9, 2013. The Reporting Person's shares of common stock have been adjusted to reflect the 1-for-7 reverse stock split of Issuer common stock that was effected at 11:59 p.m. (Eastern Daylight Time) on October 31, 2013. Represents the weighted average sale price per share. The actual sales prices ranged from a low of $18.09 to a high of $19.06. The Reporting Person will provide upon request by the Securities and Exchange Commission, the Issuer or any security holder of the Issuer full information regarding the number of shares sold at each separate price.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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