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Guess CEO Paul Marciano sells shares

By Associated Press
June 12, 2008 | Comments (0)

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Paul Marciano, the chief executive and vice chairman of apparel designer and retailer Guess Inc., sold 150,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

In a Form 4 filed with the SEC, Marciano reported selling the shares on Monday and Tuesday for $43 to $43.40 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.

Guess is based in Los Angeles.

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