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EchoStar SVP Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22
NEW YORK (AP) -- The senior vice president of satellite television provider EchoStar Communications Corp. exercised options for 40,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Tuesday, O. Nolan Daines reported exercising options for the shares Monday for $17.30 apiece and then selling all of them the same day for $44.65 to $49.62 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 is based in Englewood, Colo.

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