Premiere Global unit president exercises options

Recs

0

The president of global operations at Premiere Global Services Inc., which provides business communication services, exercised options for 85,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.

In a Form 4 filed with the SEC, Travis Lee Provow reported he exercised options for the shares Thursday for $6.13 apiece and then sold the same number of them the same day for $14.50 to $14.84 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.

Premiere Global is based in Atlanta.

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 Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 632868, ~/Articles/ArticleHandler.aspx, 11/10/2009 7:05:22 AM

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.

Sending report...

The Must-Read Story on Fool.com
Health-Care Reform: A Tale of Two Chambers

Related Tickers

11/9/2009 4:02 PM
PGI $8.00 Up +0.24 +3.09%
Premiere Global Se… CAPS Rating: ***

Community: Investing Wiki

Term Of The Hour

Biotechnology: Biotechnology uses biological processes to solve problems in such areas as health and medicine, agriculture and manufacturing.

Want to learn more or edit this definition?
Click here to read more!