Exxon Mobil VP LaSala exercises options |
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Wed, 19 Sep 2007 18:17 |
NEW YORK (AP) - A vice president and general tax counsel for Exxon Mobil Corp., the world's largest publicly traded oil company, exercised options for 28,500 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.In a Form 4 filed with the SEC, Stephen LaSala reported he exercised options for the shares Friday for $26.98 apiece, and then sold all of them for $88.24 to $88.39 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.Exxon Mobil is based in Irving, Texas.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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