2.43%XLF 15.10 
10.30%QQQQ 31.32 0.63%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - The president and chief executive of credit card processor Mastercard Inc. exercised options for and sold 48,075 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Monday.
| MA | 151.71 |  -3.99 |
In a Form 4 filed with the SEC, Robert W. Selander reported he exercised options for the shares Wednesday for $39 apiece and then sold all of them on the same day for $251.42 to $269.25 each.
The stock sale was conducted under a prearranged 10b5-1 trading plan, which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.
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.
Mastercard is based in Purchase, N.Y.
Contemporary literature is a "literature of despair," this year's Nobel Prize winner for literature Jean-Marie Gustave Le Clezio s...
Jamie Lynn Spears -who delivered her first baby on June 19th at age 17- is not p...
In last week's report, I held out the prospect that the US government rescue package might result in a change in sentiment in financial mark...
|
Professional Website Design For Corporate - Get a Free Quote Today
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
