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<blockquote data-quote="moreluck" data-source="post: 284696" data-attributes="member: 1246"><p><span style="color: red">(approx: $4.6 million)</span></p><p> </p><p>FedEx Officer Bronczek Exercises Options</p><p>Monday December 31, 12:55 pm ET FedEx Subsidiary President, CEO David J. Bronczek Exercises Options for 50,000 Shares </p><p></p><p>WASHINGTON (AP) -- The president and chief executive of FedEx Express, a subsidiary of shipping company FedEx Corp., exercised options for 50,000 shares of common stock, according to a Securities and Exchange Commission filing. </p><p>In a Form 4 filed Friday with the SEC, David J. Bronczek reported he exercised the options Wednesday for $31.98 apiece and then sold all 50,000 shares on the same day for $92.04 to $92.24 apiece. </p><p>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. </p><p>FedEx is based in Memphis, Tenn.</p></blockquote><p></p>
[QUOTE="moreluck, post: 284696, member: 1246"] [COLOR=red](approx: $4.6 million)[/COLOR] FedEx Officer Bronczek Exercises Options Monday December 31, 12:55 pm ET FedEx Subsidiary President, CEO David J. Bronczek Exercises Options for 50,000 Shares WASHINGTON (AP) -- The president and chief executive of FedEx Express, a subsidiary of shipping company FedEx Corp., exercised options for 50,000 shares of common stock, according to a Securities and Exchange Commission filing. In a Form 4 filed Friday with the SEC, David J. Bronczek reported he exercised the options Wednesday for $31.98 apiece and then sold all 50,000 shares on the same day for $92.04 to $92.24 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. FedEx is based in Memphis, Tenn. [/QUOTE]
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