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Haynes Controller Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-03
NEW YORK (AP) -- The controller of alloy producer Haynes International Inc. exercised options for 8,172 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Tuesday, Daniel W. Maudlin reported he exercised the options Friday for $12.80 and then sold the shares the same day for $77.39 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.

Haynes International is based in Kokomo, Ind.

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