Buffalo Wild Wings chief executive sells shares

By Associated Press May 13, 2008 Comments (0)

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The president and chief executive of restaurant chain Buffalo Wild Wings Inc. sold 4,000 shares of common stock under a prearranged trading plan, according to a filing with the Securities and Exchange Commission Monday.

In a Form 4 filed with the SEC, Sally J. Smith reported selling the shares on Monday for $32.09 to $32.34 apiece.

The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.

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.

Buffalo Wild Wings is based in Minneapolis.

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