1) On Jan 1st 2011 the Executive Chairman of Great Panther Silver (GPR.to) (GPL), Kaare Foy, owned 117,400 shares of GPR along with 75,000 options priced at 70c.
2) On Feb 22nd he exercised those options, leaving him with 192,400 fully paid up shares.
3) Then he sold ALL OF THEM, so he currently holds NADA:
| Date filed | operation type | no.of shares traded | price | shares held |
| 24/02/2011 | 10 - Acquisition or disposition in the public market | -29,300 | $3.20 | 163,100 |
| 24/02/2011 | 10 - Acquisition or disposition in the public market | -45,700 | $3.21 | 117,400 |
| 24/02/2011 | 10 - Acquisition or disposition in the public market | +1,000 | $3.22 | 118,400 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -44,200 | $4.12 | 100,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.19 | 95,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.19 | 90,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.20 | 85,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -15,000 | $4.22 | 70,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -10,000 | $4.23 | 60,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -10,000 | $4.24 | 50,000 |
| 23/03/2011 | 10 - Acquisition or disposition in the public market | -10,000 | $4.25 | 40,000 |
| 27/03/2011 | 10 - Acquisition or disposition in the public market | -10,000 | $4.23 | 30,000 |
| 27/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.35 | 25,000 |
| 27/03/2011 | 10 - Acquisition or disposition in the public market | -10,000 | $4.40 | 15,000 |
| 27/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.42 | 10,000 |
| 27/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.45 | 5,000 |
| 27/03/2011 | 10 - Acquisition or disposition in the public market | -5,000 | $4.50 | 0 |