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Anheuser-Busch strategy committee member exercises options



By AP
06 May 2008 @ 02:57 pm ET

NEW YORK - A strategy committee member of brewer Anheuser-Busch Cos. Inc. exercised options for 35,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.

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In a Form 4 filed with the SEC, Stephen J. Burrows reported he exercised the options Friday for $29.97 apiece and then sold all the shares the same day for $50.01 to $50.21 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.

Anheuser-Busch is based in St. Louis.

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 This material may not be published, broadcast, rewritten or redistributed.

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