Forest Laboratories's SVP-Sales just cashed-in 135,625 options

Jerome Lynch, Forest Laboratories's SVP-Sales, recently cashed-in 135,625 options. The options were exercised at prices ranging between $24.12 and $51.53, while the disposals took place at $67.28 per share, on January 22, 2014. Lynch continues to hold 66,577 shares of the company. Lynch operates out of New York, NY. Some additional info was provided as follows:

This amount includes shares of common stock which are subject to a risk of forfeiture. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.00 to $67.66, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Not Applicable.

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

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