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NEW YORK - The president and chief executive of circuit maker Pericom Semiconductor Corp. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
| PSEM | 14.61 |  0.01 |
In a Form 4 filed with the SEC, Alex Chi-Ming Hui reported he exercised the options on Wednesday for $3.38 apiece and then sold them all the same day for $17.15 to $17.30 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.
Pericom is based in San Jose, Calif.
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