IncrediMail CEO sells 379,301 shares, keeps 18.75% ownership interest

By Lisa Kerner

Charlotte, N.C., Sept. 8 - IncrediMail Ltd. co-founder and chief executive officer Ofer Adler sold 379,301 shares of the company's stock between Aug. 31 and Sept. 8 priced from $8.75 to $10.80 each, according to a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

The shares were sold on either the Nasdaq Global Market of the Tel Aviv Stock Exchange, the filing said.

Adler beneficially owns 1,769,771 shares or 18.75% of the Tel Aviv internet/desktop software company.

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