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ICO CFO Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-03

NEW YORK (AP) -- The chief financial officer and treasurer of ICO Inc., which makes polymers and resins used in household goods, exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Jon Biro reported he exercised options for the shares Friday and Monday for $2.49 apiece, and sold the shares the same day for $10.55 to $10.75 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.

ICO is based in Houston.

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