Devon Energy VP exercises options |
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Mon, 31 Dec 2007 17:42
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WASHINGTON (AP) - The vice president of accounting of oil and gas producer Devon Energy Corp. exercised options for 5,500 shares of common stock, according to a Securities and Exchange Commission filing.In a Form 4 filed Friday with the SEC, Danny J. Heatly reported he exercised the options Thursday for $25.85 apiece and then sold all 5,500 shares on the same day for $91.36 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.Devon Energy is based in Oklahoma City.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Devon Energy SVP exercises options 