GameStop chief operating officer exercises options

By Associated Press April 28, 2008 Comments (0)

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The chief operating officer and vice chairman of video game retailer GameStop Corp. exercised options for 300,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.

In a Form 4 filed with the SEC, Daniel A. Dematteo reported he exercised options for the shares Wednesday for $9 to $9.29 apiece. He then sold 325,418 shares on the same day for $55 to $55.65 each.

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.

GameStop is based in Grapevine, Texas.

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DocumentId: 631748, ~/articles/articlehandler.aspx, 7/19/2008 3:16:04 AM, No ticker

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