A director of jewelry retailer Tiffany & Co. exercised options for and then sold 34,192 shares of common stock, according to Securities and Exchange Commission filings Friday.
In Form 4's filed with the SEC, Charles K. Marquis reported exercising options for the shares on Thursday for $1.97 to $14.98 apiece and then sold them all the same day for $42.68 to $43.15 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.