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Monsanto CEO Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-21
NEW YORK (AP) -- The chairman, president and chief executive of agricultural chemicals and seed manufacturer Monsanto Co. exercised options for 60,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Monday.

In a Form 4 filed with the SEC, Hugh Grant reported he exercised options for the shares Thursday for $10.30 apiece and then sold the same number of them the same day for $93.30 to $94.87 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.

Monsanto is based in St. Louis.

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