Danaher EVP exercises options |
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Tue, 31 Jul 2007 21:00
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NEW YORK (AP) - An executive vice president at industrial tools and technology company Danaher Corp. exercised options for 120,000 shares of common stock, according to a Securities and Exchange Commission filing.In a Form 4 filed with the SEC Monday, Philip Knisely reported he exercised the options Friday for $24.03 apiece and then sold the shares the same day for $74 to $74.62 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.Danaher is based in Washington, D.C.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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