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Mirant controller Legro exercises options



By AP
23 May 2008 @ 04:19 pm EST

NEW YORK - The senior vice president and controller of wholesale energy marketer Mirant Corp. exercised options for 43,774 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

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In a Form 4 filed with the SEC, Thomas Legro reported he exercised options for the shares Thursday for $24.64 to $37.71 apiece, and then sold all of them the same day for $41.59 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.

Mirant is based in Atlanta.

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 This material may not be published, broadcast, rewritten or redistributed.

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