MarineMax's Vice President East Operations just cashed-in 11,667 options

Charles A Cashman, MarineMax's Vice President East Operations, recently cashed-in 11,667 options. The options were exercised at $7.54, while the disposals took place at $16.73 per share, on July 28, 2014. Cashman continues to hold 6,188 shares of the company. Cashman operates out of Clearwater, FL. Some additional info was provided as follows:

The shares were sold pursuant to a 10b5-1 Sales Plan. Includes 2,113 shares acquired under the MarineMax Employee Stock Purchase Plan on various dates during 2013 and 2014. This transaction was executed in multiple trades at prices ranging from $16.71 to $16.76. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commiss ion staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4. 1/36 of the total number of options granted vested and became exercisable on a monthly basis for a three-year period beginning on November 18, 2010, the grant date.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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