Telephone and Data SVP exercises options |
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Fri, 29 Jun 2007 20:16
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NEW YORK (AP) - The senior vice president and chief information officer of Telephone and Data Systems Inc., a provider of wireless products and wired telecommunications services, exercised options for 46,778 shares of common stock according to a Securities and Exchange Commission filing.In a Form 4 filed with the SEC Thursday, Kurt B. Thaus reported he exercised the options for the shares Tuesday and Wednesday for $38 apiece, and then sold them those same days for $57.05 to $61.08 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.Telephone and Data Systems is based in Chicago.------------Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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