Insider Trading activities of Tier Technologies Inc insiders.

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Tier Technologies Inc since 2005 are illustrated in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Tier Technologies Inc since year 2005. Table 2 shows the detailed insider transactions of Tier Technologies Inc since 2005. The reporting company's ticker symbol is TIER. The reporting company's CIK number is 1045150.
The total value of stock buying since 2005 is $5,430,861.
The total value of stock sales since 2005 is $16,805,857.
The total value of stock option exercises since 2005 is $0.


Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for Tier Technologies Inc (TIER).
Trading Period Insider Buying Insider Sales Option Exercises
year-month Shares Value Shares Value Shares Value
2012-09 299,800 $1,169,220 3,658,549 $14,268,396 0 $0
2012-08 0 $0 171,641 $689,508 0 $0
2012-07 0 $0 50,755 $203,302 0 $0
2012-06 2,150 $9,460 115,896 $498,913 0 $0
2012-05 0 $0 241,052 $1,145,738 0 $0
2012-02 100 $455 0 $0 0 $0
2011-12 23,250 $92,970 0 $0 0 $0
2011-09 14,000 $50,220 0 $0 0 $0
2011-08 13,000 $53,080 0 $0 0 $0
2011-05 14,000 $73,560 0 $0 0 $0
2010-09 1,100 $5,549 0 $0 0 $0
2009-11 750 $5,805 0 $0 0 $0
2009-09 1,000 $7,950 0 $0 0 $0
2009-08 1,000 $7,750 0 $0 0 $0
2009-07 20,000 $136,240 0 $0 0 $0
2009-06 2,000 $14,280 0 $0 0 $0
2009-05 13,000 $84,140 0 $0 0 $0
2009-03 626,674 $3,452,836 0 $0 0 $0
2009-02 6,448 $37,019 0 $0 0 $0
2008-09 12,365 $92,827 0 $0 0 $0
2007-07 20,000 $105,000 0 $0 0 $0
2007-02 10,000 $32,500 0 $0 0 $0

Table 2. Detailed insider stock purchases, sales, and option exercises of Tier Technologies Inc insiders (TIER)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2012-09-07 Murphy Michael R (10% Owner) Buy 299,800 3.90 1,169,220
2012-09-07 Murphy Michael R (10% Owner) Sale 1,829,013 3.90 7,133,150
2012-09-07 Discovery Equity Partners, Lp (10% Owner) Sale 1,829,013 3.90 7,133,150
2012-09-06 Murphy Michael R (10% Owner) Sale 123 4.03 495
2012-09-05 Murphy Michael R (10% Owner) Sale 100 4.00 400
2012-09-04 Murphy Michael R (10% Owner) Sale 300 4.01 1,201
2012-08-31 Murphy Michael R (10% Owner) Sale 3,650 4.01 14,651
2012-08-31 Discovery Equity Partners, Lp (10% Owner) Sale 3,135 4.01 12,583
2012-08-30 Murphy Michael R (10% Owner) Sale 400 4.01 1,603
2012-08-29 Murphy Michael R (10% Owner) Sale 600 4.00 2,400
2012-08-24 Murphy Michael R (10% Owner) Sale 100 4.10 409
2012-08-22 Murphy Michael R (10% Owner) Sale 1,200 4.00 4,803
2012-08-22 Discovery Equity Partners, Lp (10% Owner) Sale 1,200 4.00 4,803
2012-08-21 Murphy Michael R (10% Owner) Sale 500 4.07 2,033
2012-08-21 Discovery Equity Partners, Lp (10% Owner) Sale 500 4.07 2,033
2012-08-20 Murphy Michael R (10% Owner) Sale 6,615 4.01 26,539
2012-08-20 Discovery Equity Partners, Lp (10% Owner) Sale 5,777 4.01 23,177
2012-08-17 Murphy Michael R (10% Owner) Sale 1,897 4.00 7,578
2012-08-17 Discovery Equity Partners, Lp (10% Owner) Sale 1,897 4.00 7,578
2012-08-16 Murphy Michael R (10% Owner) Sale 100 4.00 400
2012-08-16 Discovery Equity Partners, Lp (10% Owner) Sale 100 4.00 400
2012-08-15 Murphy Michael R (10% Owner) Sale 6,500 4.00 26,000
2012-08-15 Discovery Equity Partners, Lp (10% Owner) Sale 5,584 4.00 22,336
2012-08-14 Murphy Michael R (10% Owner) Sale 9,229 4.05 37,377
2012-08-14 Discovery Equity Partners, Lp (10% Owner) Sale 7,928 4.05 32,108
2012-08-13 Murphy Michael R (10% Owner) Sale 2,795 4.15 11,593
2012-08-13 Discovery Equity Partners, Lp (10% Owner) Sale 2,401 4.15 9,959
2012-08-10 Murphy Michael R (10% Owner) Sale 3,160 4.17 13,170
2012-08-10 Discovery Equity Partners, Lp (10% Owner) Sale 2,714 4.17 11,311
2012-08-09 Murphy Michael R (10% Owner) Sale 53,934 4.00 215,843
2012-08-09 Discovery Equity Partners, Lp (10% Owner) Sale 46,330 4.00 185,412
2012-08-07 Murphy Michael R (10% Owner) Sale 1,826 3.95 7,212
2012-08-07 Discovery Equity Partners, Lp (10% Owner) Sale 1,569 3.95 6,197
2012-07-26 Murphy Michael R (10% Owner) Sale 1,000 4.00 4,000
2012-07-26 Discovery Equity Partners, Lp (10% Owner) Sale 1,000 4.00 4,000
2012-07-20 Murphy Michael R (10% Owner) Sale 2,335 4.02 9,384
2012-07-20 Discovery Equity Partners, Lp (10% Owner) Sale 2,029 4.02 8,154
2012-07-19 Murphy Michael R (10% Owner) Sale 2,023 4.02 8,136
2012-07-19 Discovery Equity Partners, Lp (10% Owner) Sale 1,738 4.02 6,990
2012-07-18 Murphy Michael R (10% Owner) Sale 14,400 4.00 57,614
2012-07-18 Discovery Equity Partners, Lp (10% Owner) Sale 12,370 4.00 49,492
2012-07-13 Murphy Michael R (10% Owner) Sale 200 4.00 800
2012-07-13 Discovery Equity Partners, Lp (10% Owner) Sale 200 4.00 800
2012-07-11 Murphy Michael R (10% Owner) Sale 500 4.00 2,000
2012-07-11 Discovery Equity Partners, Lp (10% Owner) Sale 500 4.00 2,000
2012-07-09 Murphy Michael R (10% Owner) Sale 1,700 4.03 6,845
2012-07-09 Discovery Equity Partners, Lp (10% Owner) Sale 1,460 4.03 5,879
2012-07-06 Murphy Michael R (10% Owner) Sale 4,960 4.00 19,844
2012-07-06 Discovery Equity Partners, Lp (10% Owner) Sale 4,340 4.00 17,364
2012-06-29 Murphy Michael R (10% Owner) Sale 33,076 4.11 135,810
2012-06-25 Murphy Michael R (10% Owner) Sale 6,300 4.35 27,430
2012-06-25 Discovery Equity Partners, Lp (10% Owner) Sale 5,412 4.35 23,563
2012-06-20 Murphy Michael R (10% Owner) Sale 2,822 4.36 12,114
2012-06-20 Discovery Equity Partners, Lp (10% Owner) Sale 2,171 4.28 9,281
2012-06-18 Murphy Michael R (10% Owner) Sale 700 4.40 3,080
2012-06-14 Murphy Michael R (10% Owner) Buy 2,150 4.40 9,460
2012-06-12 Murphy Michael R (10% Owner) Sale 12,040 4.40 52,976
2012-06-12 Discovery Equity Partners, Lp (10% Owner) Sale 10,330 4.40 45,452
2012-06-07 Murphy Michael R (10% Owner) Sale 11,800 4.41 52,014
2012-06-07 Discovery Equity Partners, Lp (10% Owner) Sale 10,124 4.41 44,626
2012-06-06 Murphy Michael R (10% Owner) Sale 9,809 4.39 43,090
2012-06-06 Discovery Equity Partners, Lp (10% Owner) Sale 8,416 4.39 36,971
2012-06-05 Murphy Michael R (10% Owner) Sale 1,400 4.30 6,025
2012-06-05 Discovery Equity Partners, Lp (10% Owner) Sale 1,201 4.30 5,169
2012-05-18 Murphy Michael R (10% Owner) Sale 30,791 4.76 146,657
2012-05-18 Discovery Equity Partners, Lp (10% Owner) Sale 26,419 4.76 125,833
2012-05-17 Murphy Michael R (10% Owner) Sale 49,946 4.75 237,243
2012-05-17 Discovery Equity Partners, Lp (10% Owner) Sale 42,854 4.75 203,556
2012-05-16 Murphy Michael R (10% Owner) Sale 49,000 4.75 232,750
2012-05-16 Discovery Equity Partners, Lp (10% Owner) Sale 42,042 4.75 199,699
2012-02-14 Berger Charles W (Director) Buy 100 4.55 455
2011-12-16 Berger Charles W (Director) Buy 2,777 3.96 10,994
2011-12-14 Berger Charles W (Director) Buy 7,223 3.94 28,494
2011-12-14 Guenther Morgan P (Director) Buy 6,250 4.04 25,262
2011-12-13 Berger Charles W (Director) Buy 5,000 4.05 20,250
2011-12-09 Poe David A (Director) Buy 2,000 3.98 7,970
2011-09-15 Mohapatra Sandip (Chief Technology Officer) Buy 2,000 3.60 7,200
2011-09-14 Garg Atul (Sr. VP, Products Mgmt) Buy 2,000 3.61 7,220
2011-09-14 Guenther Morgan P (Director) Buy 10,000 3.58 35,800
2011-08-23 Poe David A (Director) Buy 3,000 3.60 10,800
2011-08-12 Poe David A (Director) Buy 10,000 4.23 42,280
2011-05-13 Hale James C Iii (Director) Buy 8,000 5.28 42,240
2011-05-12 Hale James C Iii (Director) Buy 6,000 5.22 31,320
2010-09-09 Heasley Philip G (Director) Buy 1,100 5.04 5,549
2009-11-13 Vellayan Nina K (Chief Operating Officer) Buy 750 7.74 5,805
2009-09-15 Vellayan Nina K (Chief Operating Officer) Buy 1,000 7.95 7,950
2009-08-13 Vellayan Nina K (Chief Operating Officer) Buy 1,000 7.75 7,750
2009-07-14 Rossetti Ronald L (CEO) Buy 20,000 6.81 136,240
2009-06-15 Vellayan Nina K (Chief Operating Officer) Buy 2,000 7.14 14,280
2009-05-20 Vellayan Nina K (Chief Operating Officer) Buy 3,000 6.49 19,470
2009-05-20 Heasley Philip G (Director) Buy 10,000 6.47 64,670
2009-03-16 Delucca John (Director) Buy 3,552 5.84 20,729
2009-03-16 Rossetti Ronald L (CEO, Chairman of the Board) Buy 1,000 5.78 5,775
2009-03-13 Rossetti Ronald L (CEO, Chairman of the Board) Buy 1,135 5.71 6,484
2009-03-12 Vellayan Nina K (Chief Operating Officer) Buy 2,614 5.74 15,004
2009-03-10 Murphy Michael R (10% Owner) Buy 136,402 5.77 786,493
2009-03-10 Discovery Equity Partners, Lp (10% Owner) Buy 115,532 5.77 666,157
2009-03-09 Murphy Michael R (10% Owner) Buy 30,547 5.59 170,757
2009-03-06 Murphy Michael R (10% Owner) Buy 12,114 5.53 66,966
2009-03-05 Murphy Michael R (10% Owner) Buy 122,778 5.29 649,741
2009-03-04 Murphy Michael R (10% Owner) Buy 200,000 5.30 1,059,400
2009-03-02 Vellayan Nina K (Chief Operating Officer) Buy 1,000 5.33 5,330
2009-02-23 Delucca John (Director) Buy 1,000 5.65 5,650
2009-02-20 Delucca John (Director) Buy 1,000 5.76 5,755
2009-02-19 Delucca John (Director) Buy 2,000 5.73 11,468
2009-02-18 Delucca John (Director) Buy 2,448 5.78 14,146
2008-09-15 Rossetti Ronald L (CEO, Chairman of the Board) Buy 500 7.50 3,750
2008-09-12 Rossetti Ronald L (CEO, Chairman of the Board) Buy 2,200 7.54 16,577
2008-09-11 Rossetti Ronald L (CEO, Chairman of the Board) Buy 2,600 7.54 19,593
2008-09-10 Rossetti Ronald L (CEO, Chairman of the Board) Buy 3,000 7.60 22,788
2008-09-09 Rossetti Ronald L (CEO, Chairman of the Board) Buy 1,115 7.68 8,566
2008-09-08 Rossetti Ronald L (CEO, Chairman of the Board) Buy 50 7.39 369
2008-09-05 Rossetti Ronald L (CEO, Chairman of the Board) Buy 2,900 7.30 21,184
2007-07-31 Rossetti Ronald L (Chief Executive Officer) Buy 10,000 5.25 52,500
2007-07-31 Cabot Samuel Iii (Director) Buy 10,000 5.25 52,500
2007-02-27 Rossetti Ronald L (Director) Buy 5,000 3.25 16,250
2007-02-27 Cabot Samuel Iii (Director) Buy 5,000 3.25 16,250

Insider trading activities including stock purchases, stock sales, and option exercises of TIER listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Tier Technologies Inc (symbol TIER, CIK number 1045150) see the Securities and Exchange Commission (SEC) website.