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Atlas America chairman, CEO sells shares



By AP
09 June 2008 @ 10:49 am EST

WASHINGTON - The Arete Foundation, of which Atlas America Inc. Chairman, Chief executive and President Edward E. Cohen is a trustee, sold 10,000 shares of common stock, according to a Securities and Exchange Commission filing.

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In a Form 4 filed Friday with the SEC, Cohen reported he sold the shares for $44.75 to $46.72 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.

Atlas America, a natural gas producer, is based in Moon Township, Pa.

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 This material may not be published, broadcast, rewritten or redistributed.

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