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AmeriCredit president Berce exercises options



By AP
28 May 2008 @ 03:50 pm EST

NEW YORK - The president of auto finance company AmeriCredit Corp. exercised options for 206,000 shares of common stock, according to Securities and Exchange Commission filings Tuesday.

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In Form 4s filed with the SEC, Daniel E. Berce reported exercising the options on Thursday and Tuesday for $8.50 to $8.79 apiece and then selling the same number of shares on the same days for $13.03 to $13.20 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.

AmeriCredit is based in Fort Worth, Texas.

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 This material may not be published, broadcast, rewritten or redistributed.

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