MarineMax's Vice President West Operations just cashed-in 5,000 options


W Brett Mcgill, MarineMax's Vice President West Operations, recently cashed-in 5,000 options. The options were exercised at $7.54, while the disposals took place at $17.53 per share, on August 11, 2014. Mcgill no longer owns any shares of the company. Mcgill operates out of Clearwater, FL. Some additional info was provided as follows:

The shares were exercised and sold pursuant to a 10b5-1 Sales Plan. This transaction was executed in multiple trades at prices ranging from $17.50 to $17.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission 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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