Executive VP of MarineMax just cashed-in 1,581 options
Michael H Mclamb, Executive VP of MarineMax and a director of the company, recently cashed-in 1,581 options. The options were exercised at $2.81, while the sales took place at $13.00 per share, on October 09, 2013. Mclamb continues to hold 112,572 shares of the company. Mclamb operates out of Clearwater, FL. Some additional info was provided as follows:
The shares were sold pursuant to a 10b5-1 Sales Plan.
1/36 of the total number of options granted vested and became exercisable on a monthly basis for a three-year period beginning on the grant date.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. MarineMax next reports earnings on October 28, 2013.
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