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Tupperware Brands Senior VP Sells Shares



By AP
25 February 2008 @ 03:56 pm EST

NEW YORK - The senior vice president of worldwide market development for Tupperware Brands Corp., which makes plastic containers, exercised options for 14,900 shares of stock, according to a Securities and Exchange Commission filing.

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In a Form 4 filed with the SEC Friday, Christian E. Skroeder reported exercising the options Thursday for $19.20 per share and then sold all the shares the same day for $37 to $37.33 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.

Tupperware Brands is based in Orlando, Fla.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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