President of MarineMax just cashed-in 25,000 options

William H Mcgill, President of MarineMax and a director of the company, recently cashed-in 25,000 options. The options were exercised at $2.81, while the disposals took place between $18.00 and $18.05 per share, on dates ranging from August 18 to August 19, 2014. Mcgill continues to hold 247,530 shares of the company. Mcgill operates out of Clearwater, FL. Some additional info was provided as follows:

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. This transaction was executed in multiple trades at prices ranging from $18.00 to $18.15. 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, t he 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 vested and became exercisable on a monthly basis for a three-year period commencing on 11/20/2008, the date of grant.

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

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