Flextronics President realises $2.3M
Mar 25, 2003
Michael McNamara, Flextronics International Ltd.'s president of Americas operations, realized an indicated gain of $2.3 million from the sale of 528,589 option-related shares Wednesday, according to a Form 4 released Monday by the Securities and Exchange Commission (News - Websites).McNamara acquired the shares for $4.73 and sold them for $9.18 a share. After the transactions, McNamara directly owned 303,434 of the company's ordinary shares.Flextronics International closed at $9.06, down 55 cents, or 5.7%.Source: PCBnewsline
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