Jack Williams, president of Gannett Digital Ventures, has become the latest senior executive to exercise stock options he originally received four years ago.
In a new regulatory filing just moments ago, Williams disclosed that he sold 24,000 shares at an average $21.81 each. The strike price was $3.75 each, netting him $433,000.
Williams made the trades on Thursday.
GCI closed today at $21.66, up a penny.
Among other executives cashing in on the same options from 2009: Bob Dickey, president of the U.S. newspaper division, two weeks ago at $21.31, and in December at $17.83; and CEO Gracia Martore, also in December, for between $17.73 and $18.
In a new regulatory filing just moments ago, Williams disclosed that he sold 24,000 shares at an average $21.81 each. The strike price was $3.75 each, netting him $433,000.
Williams made the trades on Thursday.
GCI closed today at $21.66, up a penny.
Among other executives cashing in on the same options from 2009: Bob Dickey, president of the U.S. newspaper division, two weeks ago at $21.31, and in December at $17.83; and CEO Gracia Martore, also in December, for between $17.73 and $18.
Makes really good sense. Cheers to all who turned a profit on those stock awards!
ReplyDeleteYeah, really. I don't know why anyone gives a shit about this.
ReplyDelete