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Knot Special Adviser Stiles sells 15,000 shares

By Associated Press
May 28, 2008 | Comments (0)

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The special adviser to the chief executive of wedding Web site operator Knot Inc., sold 15,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Sandra Stiles reported she sold the shares on Friday for $11.34 and $11.35 apiece.

Stiles was chief operating officer until earlier this month, when she was given the special adviser title. She is expected to remain in that post through year-end.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Knot is based in New York.

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