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Concho Resources CFO exercises options

By Associated Press
June 17, 2008 | Comments (0)

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The chief financial officer of oil and natural-gas producer Concho Resources Inc. exercised options for 71,557 shares of common stock, according to Securities and Exchange Commission filings Monday.

In Form 4's filed with the SEC, Curt F. Kamradt reported exercising the options on Thursday for $8 to $15.40 apiece and then selling the same number of shares on the same day for $36.80 to $37.90 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.

Concho Resources is based in Midland, Texas.

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