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NEW YORK (AP) - The executive chairman of design software maker Autodesk Inc. exercised options for 60,000 shares of common stock under a prearranged trading plan, according to Securities and Exchange Commission filings Tuesday.
| ADSK | 34.6 |  0.92 |
In Form 4s filed with the SEC, Carol Bartz reported she exercised options for the shares Monday for $11 apiece, and then sold all of them for $32.67 to $33.02 apiece.
The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information.
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.
Autodesk is based in San Rafael, Calif.
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