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Forest Oil V.P. Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22

NEW YORK (AP) -- A vice president of oil producer Forest Oil Corp. exercised options for 10,000 shares of stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Mark E. Bush reported he exercised the options at $15.65 to $20.60 apiece and then sold them all the same day for $50 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.

Forest Oil is based in Denver.

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