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Guess senior vice president exercises options

By Associated Press
June 13, 2008 | Comments (0)

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The senior vice president and chief information officer of apparel company Guess Inc. exercised options for 15,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

In a Form 4 filed with the SEC, Michael Relich reported he exercised options for the shares on Tuesday for $7.72 apiece and then sold them all the same day for $43 and $43.03 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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