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Corporate Office Properties Trust COO exercises options

By Associated Press
May 22, 2008 | Comments (0)

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The executive vice president and chief operating officer of Corporate Office Properties Trust Inc., a real estate investment trust, exercised options for 25,000 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Wednesday, Roger A. Waesche reported he exercised the options Tuesday for $9.75 apiece and then sold all 25,000 of them on the same day for $38.23 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.

Corporate Office Properties Trust is based in Columbia, Md.

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