14.52%QQQQ 35.13 12.16%XLF 16.28 7.81%
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NEW YORK - The chief operating officer of oil and gas company Forest Oil Corp. exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing.
| FST | 28.85 |  5.27 |
In a Form 4 filed with the SEC Friday, J.C. Ridens reported he exercised the options Friday for $17.14 apiece and then sold all 5,000 of them on the same day for $73.20 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.
Forest Oil is based in Denver.
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