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FLIR Systems director exercises options



By AP
28 May 2008 @ 05:56 pm EST

NEW YORK - A director of thermal imaging maker FLIR Systems Inc. exercised options for 24,000 shares of common stock, according to a Securities and Exchange Commission filing.

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FLIR 27.9 -1.74

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In a Form 4 filed with the SEC Tuesday, Angus L. Macdonald reported he exercised the options Thursday for $12.87 apiece and then sold 54,000 shares on Thursday and Friday for $37.50 to $38.23 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.

FLIR Systems is based in Wilsonville, Ore.

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 This material may not be published, broadcast, rewritten or redistributed.

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