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Mirant EVP, CFO Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-21
WASHINGTON (AP) -- The executive vice president and chief financial officer of power producer Mirant Corp. exercised options for 60,876 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed Friday with the SEC, James V. Iaco reported he exercised the options Wednesday for $24.64 apiece and then sold all 60,876 shares on the same day for $37.45 to $37.49 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.

Mirant is based in Atlanta.

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