PS Business Parks's PRESIDENT / CEO just cashed-in 5,000 options

Joseph D Russell, PS Business Parks's PRESIDENT / CEO, recently cashed-in 5,000 options. The options were exercised at $52.35, while the disposals took place at $84.62 per share, on March 11, 2014. Russell continues to hold 33,850 shares of the company. Russell operates out of Glendale, CA. Some additional info was provided as follows:

Includes 3,200 restricted stock units. Represents weighted average price. These shares were sold at prices ranging between $84.30 and $85.24. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer. Stock option granted pursuant to the 2003 Stock Option and Incentive Plan.

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

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