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EchoStar's Dugan Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-21
NEW YORK (AP) -- The chief technology advisor of satellite television provider EchoStar Communications Corp. exercised options for 68,867 shares of common stock, according to a Securities and Exchange Commission filing Monday.

In a Form 4 filed with the SEC, Michael Dugan reported he exercised options for the shares Friday for $33.11 apiece, and then sold all of them for $39.35 to $40 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.

EchoStar Communications is based in Englewood, Colo.

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