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Lexmark Director Exercises Options

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By AP
04 February 2008 @ 06:09 pm EST

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NEW YORK - A director of printer maker Lexmark International Inc. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.

Quotes

LXK

34.74

-0.37

In a Form 4 filed with the SEC, Marvin L. Mann reported he exercised options for the shares Thursday for $20.34 apiece and then sold the shares the same day for $36.46 to $36.61 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.

Lexmark is based in Lexington, Ky.

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