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Cytyc CFO Exercises Options

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

NEW YORK (AP) -- The chief financial officer of medical device company Cytyc Corp. exercised options for 15,000 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Tuesday, Timothy M. Adams reported he exercised the options on Friday for $28.39 apiece, then sold all 15,000 shares on the same day for $42.67 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.

Cytyc Corp. is based in Marlborough, Mass.

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