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LTC Properties executive chair sells shares



By AP
12 May 2008 @ 02:55 pm EST

NEW YORK - The executive chairman of health care real estate investment trust LTC Properties Inc. sold 25,767 shares of common stock, according to a Securities and Exchange Commission filing Friday.

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In a Form 4 filed with the SEC, Andre C. Dimitriadis reported selling the shares on Thursday and Friday for $26 to $26.10 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.

LTC Properties is based in Westlake Village, Calif.

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 This material may not be published, broadcast, rewritten or redistributed.

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