President and Ceo at Rally Software Development Corp (NYSE:RALY), Timothy Miller, purchased 30,000 shares of common stock, at an average weighted price of $9.2 per share. Following this transaction, Mr. Miller directly owns 525,483 shares at the company, amount which includes 31,200 previously reported shares issued as restricted stock units (“RSUs”) under the Issuer’s 2013 Equity Incentive Plan, that were received as an award, and another 40,410 shares indirectly.
Director Timothy Wolf also acquired this stock: he bought 5,000 shares of common stock, at the same average weighted price of $9.2 per share. After this transaction, Mr. Wolf holds 35,527 shares at this $240.90 million Market Cap software development company, including 2,000 previously reported shares, issued as restricted stock units under the formerly mentioned Equity Incentive Plan. Another insider acquisition reported the same day was Director Thomas Bogan’s purchase of 50,000 shares of common stock. The transaction was made at the same price of $9.2 per share. Following the transaction, Director at Rally Software Development Corp (NYSE:RALY) holds 119,060 shares, including another 2,000 previously reported shares issued as RSUs under the Issuer’s 2013 Equity Incentive Plan.