Google Insiders Selling Many Shares

It was a sweet Valentine's Day for Google insiders, who collected
billions in stock sales this week following the last big lockup
expiration after the company's initial public offering six months ago,
according to regulatory filings.

On Feb. 14, 177 million Google (GOOG)
shares held by insiders became available for sale. The company has a
total of 271.2 million shares outstanding. The search engine went
public in August at $85 per share.

Shares of Google have held their value this week despite the insider sales. The stock fell 52 cents to $197.38 on Friday.

Co-founder Larry Page sold a total of 260,000 shares in a series of
transactions on Monday and Tuesday for more than $51 million. He also
sold a total of 140,000 shares on Wednesday to bump up his proceeds for
the week to $75 million.

He sold 400,000 shares last month and another 882,415 shares in a
pair of sales during 2004, according to trading data from Thomson
Financial.

Page and other Google executives sold their shares under a Rule 10b5-1 trading plan.

Insiders had sold more than $1 billion worth of the company's shares
in the months following its Aug. 17 IPO before the recent lockup
expired.

Venture capitalist John Doerr of Kleiner Perkins, one of the
company's early backers, completed the sale of 150,000 shares on Feb.
8. The shares were worth $29.9 million.

Omid Kordestani, Google's senior vice president of world wide
sales/operations, sold 192,241 shares for proceeds of about $37 million.

Chief Financial Officer George Reyes sold 34,070 shares for proceeds of about $6.6 million on Monday.

Jonathan Rosenberg, vice president of product management, sold
34,020 shares worth about $6.6 million. Other sellers included general
counsel David Drummond, who sold 40,100 shares, and Wayne Rosing,
senior vice president of engineering, who sold 25,000 shares.