CoStar Group's President and CEO just cashed-in 54,400 options


Andrew C Florance, CoStar Group's President and CEO and a director of the company, recently cashed-in 54,400 options. The options were exercised at $25.00, while the sales took place at $179.08 per share, on October 28, 2013. Florance continues to hold 293,196 shares of the company. Florance operates out of Washington, DC. Some additional info was provided as follows:

Represents all shares of Common Stock owned, consisting of 145,962 shares of Common Stock and 201,634 shares of Common Stock subject to unvested Restricted Stock Grants. Average based on sales prices ranging from $177.92 to $179.67. Represents all shares of Common Stock owned, consisting of 91,562 shares of Common Stock and 201,634 shares of Common Stock subject to unvested Restricted Stock Grants. The option vested in three equal installments on March 2, 2010, March 2, 2011, and March 2, 2012.

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

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Other recent filings from the company include the following:

Statement of changes in beneficial ownership of securities - Aug. 27, 2014

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