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Nuance Communications Senior VP exercises options



By AP
04 June 2008 @ 01:04 pm EST

WASHINGTON - The senior vice president of global sales of speech and imaging software maker Nuance Communications Inc. exercised options for 83,000 shares of common stock, according to a Securities and Exchange Commission filing.

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In a Form 4 filed Tuesday with the SEC, Donald Hunt reported he exercised the options Friday for $9.61 apiece and then sold a total of 183,000 shares on the same day for $19.75 to $19.92 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.

Nuance is based in Burlington, Mass.

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 This material may not be published, broadcast, rewritten or redistributed.

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