Discover Financial Services (DFS)

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Insider Trading: Sales

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Hochschild Officer	$39.80	100,000	$3,980,000.00	1,147,402	2012-10-01	Filing
Nelms Officer, Director	$39.58	32,603	$1,290,426.74	1,964,485	2012-10-01	Filing
Nelms Officer, Director	$39.74	91,421	$3,633,070.54	1,964,485	2012-10-01	Filing
Nelms Officer, Director	$39.97	113,856	$4,550,824.32	1,964,485	2012-10-01	Filing
Talwar Officer	$39.76	67,456	$2,682,050.56	346,748	2012-10-01	Filing
Offereins Officer	$39.67	67,159	$2,664,197.53	536,866	2012-10-01	Filing
Moskow Director	$34.70	4,000	$138,800.00	54,101	2012-07-11	Filing
Minetti Officer	$35.40	14,475	$512,415.00	413,759	2012-07-05	Filing
Panzarino Officer	$34.26	40,000	$1,370,400.00	146,179	2012-06-29	Filing
Hochschild Officer	$33.49	62,314	$2,086,895.86	1,267,402	2012-04-03	Filing
Offereins Officer	$33.88	98,373	$3,332,877.24	536,866	2012-04-02	Filing
Talwar Officer	$33.76	41,725	$1,408,636.00	346,748	2012-03-27	Filing
Talwar Officer	$33.89	60,000	$2,033,400.00	346,748	2012-03-27	Filing
Talwar Officer	$33.65	51,776	$1,742,262.40	346,748	2012-03-27	Filing
Schneider Officer	$32.57	14,767	$480,961.19	51,062	2012-03-23	Filing
Schneider Officer	$32.40	95,593	$3,097,213.20	65,829	2012-03-23	Filing
Schneider Officer	$32.31	7,151	$231,048.81	65,829	2012-03-23	Filing
Schneider Officer	$32.31	6,025	$194,667.75	65,829	2012-03-23	Filing
Minetti Officer	$32.80	38,000	$1,246,400.00	428,234	2012-03-23	Filing
Minetti Officer	$32.54	84,911	$2,763,003.94	466,234	2012-03-23	Filing