Michael P. Malone
Net Worth

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What is Michael P. Malone net worth?

The estimated net worth of Mr. Michael P. Malone is at least $2,492,116 as of 21 Dec 2010. He owns shares worth $16 as insider and has received compensation worth at least $2,492,100 in Technical Communications Corporation.

What is the salary of Michael P. Malone?

Mr. Michael P. Malone salary is $166,140 per year as Chief Financial Officer, Treasurer & Assistant Sec. in Technical Communications Corporation.

How old is Michael P. Malone?

Mr. Michael P. Malone is 65 years old, born in 1960.

What stocks does Michael P. Malone currently own?

As insider, Mr. Michael P. Malone owns shares in one company:

Company Title Shares Price per share Total value
Technical Communications Corporation (TCCO) Chief Financial Officer, Treasurer & Assistant Sec. 80,255 $0 $16

What does Technical Communications Corporation do?

Technical Communications Corporation engages in the design, development, manufacture, distribution, marketing, and sale of communications security devices, systems, and services worldwide. The company primarily provides data, video, fax, and voice networks. Its products include government systems, such as CSD 3324 SE secure telephone, fax, and data system; CSD 3324 SP telephone and fax system; DSD 72A-SP military bulk ciphering system; and DSP 9000 radio encryption system, as well as the HSE 6000 squad radio headset and telephone encryptor for public safety special operations, land mobile radio applications, and for military applications. The company also provides network security systems comprising network encryption systems with centralized key and device management for Internet protocol (IP), Synchronous Optical Network & Synchronous Digital Hierarchy, and frame relay networks to secure data in transit from local area network to local area network and across wide area networks. In addition, it offers secure office systems, such as CSD 4100 executive secure telephone and CipherTalk 8500 IP-based secure wireless phone. The company's products are used to protect confidentiality in communications between radios, landline telephones, mobile phones, facsimile machines, data network equipment over wires, fiber optic cables, radio waves, and microwave and satellite links. Further, it offers funded research and development, and technology development services. The company serves foreign and domestic governmental agencies, law enforcement and military agencies, telecommunications carriers, financial institutions, and multinational companies. It sells directly to customers, original equipment manufacturers, and value-added resellers using its in-house sales force, as well as domestic and international representatives, consultants, and distributors. The company was incorporated in 1961 and is based in Concord, Massachusetts.

Michael P. Malone insider trading

Technical Communications Corporation

Mr. Michael P. Malone has made 3 insider trades in 2010, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of TCCO stock on 21 Dec 2010.

The largest trade he's ever made was exercising 62,500 units of TCCO stock on 26 Feb 2010. As of 21 Dec 2010 he still owns at least 80,255 units of TCCO stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock, $0.10 par value 10,000 N/A N/A
Sale
Common Stock, $0.10 par value 2,850 N/A N/A
Sale
Common Stock, $0.10 par value 850 N/A N/A
Option
Common Stock, $0.10 par value 34,938 N/A N/A
Option
Options to purchase common stock 34,938 N/A N/A
Option
Options to purchase common stock 10,000 N/A N/A
Option
Common Stock, $0.10 par value 62,500 N/A N/A
Option
Common Stock, $0.10 par value 62,500 N/A N/A

Technical Communications key executives

Technical Communications Corporation executives and other stock owners filed with the SEC: