20-Sep-2013 Source: HeliHub.com
Bristow Group CEO William Chiles exercised three tranches of share options in the last 10 days
11th September – 70,900 options exercised at $32.90 and sold at $70.1838 (SEC filing)
16th September – 3,189 options exercised at $32.90 and 24,288 at $30.16 and sold together at $70.0018 (SEC filing)
17th September. 25,000 options exercised at $35.06 and 21,778 at $30.16 and sold together at $70.569 (SEC filing)
This equates to a combined profit of $5,508,226
Editor note – this story replaces two earlier stories as we had not previously realised that the share sales were all related to exercising of options – thus appropriate to link them in a single story
Ben Haverdee – HeliHub.com