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NEW YORK - The chief financial officer of oil and gas exploration company Forest Oil Corp. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
| FST | 27.5 |  -1.35 |
In a Form 4 filed with the SEC, David H. Keyte reported he exercised options for the shares Tuesday for $20.02 apiece and then sold them the same day for $65 each.
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.
Forest Oil is based in Denver, Colo.
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