lebexab.wordpress.com
Kenny exercised stock options for 48,000 sharesa with a $4 exercise price on Monday and immediatelgy sold them for an average priceof $39.58. That nettedc him $1.7 million before taxes. He then sold anothe 7,101 shares on Tuesday for aboutt $40.32 each for an additional $286,000. His timintg was good, as General Cable's stock price had been risingb steadily from a 2009 low ofabout $14 in earlgy March. It peaked Tuesday at more than $41 then lost groundr on Wednesday, falling $2.30 to less than $39, as the broadert market also declined.
According to the company's latest proxgy statement, as of March 1, Kenny beneficially owne d morethan 600,000 shares of General Cable That included about 66,000 restricted shares over which he had voting power, 143,000 options exercisable within 60 days, and 340,0009 shares deferred under its deferred compensation General Cable (NYSE: BGC), based in Highland Heights, is a globapl manufacturer of cable and wire products for the energy, telecommunicationas and specialty industrial markets.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น