Tiffany & Co. SVP Exercises Options

By Associated Press April 4, 2008 Comments (0)

0 Recommendations

The senior vice president of jewelry retailer Tiffany & Co. exercised options for 25,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

In a Form 4 filed with the SEC, John S. Petterson reported he exercised options for the shares on Tuesday for $9.48 apiece and then sold them all the same day for $43.50 to $43.61 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Tiffany is based in New York.

Comments (0)

Comments from our Foolish Readers

Help us Keep this a Respectfully Foolish Area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.