A senior vice president of St. Mary Land & Exploration Co., a natural gas and oil company, exercised options for 34,024 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
In a Form 4 filed with the SEC, Robert L. Nance reported he exercised the options on Monday for $16.66 apiece and then sold all of them the same day for $37.92 apiece.
He also sold 6,000 additional shares on Monday for $38 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.
St. Mary is based in Billings, Mont.
Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.
Your Ads At Here
