Sainburys King sells options
Sainsbury’s chief executive Justin King has sold around Ł1.8m worth of options in the supermarket chain.King exercised an award of 898,000 shares under the J Sainsbury Share Plan 2005. He sold 369,000 of those shares at 318p each to fund the tax and national insurance liability from the exercise of the award and retained the remaining shares.
He also disposed 201,000 shares under the Long term Incentive Scheme 2006 (Value Builder Share Plan) at the same price.
| |
| Company Name | Buy/Sell | Date | Trade Value | Director | Volume / Price |
|---|---|---|---|---|---|
| Sainsbury (J) | Sell | 23-Jul-09 | Ł1,173,502.70 | Justin King | 369,026 @ 318.00p |
| Invensys | Sell | 22-Jul-09 | Ł1,137,347.37 | Ulf Henriksson | 457,317 @ 248.70p |
| Invensys | Sell | 22-Jul-09 | Ł794,390.08 | Ulf Henriksson | 319,417 @ 248.70p |
| Sainsbury (J) | Sell | 22-Jul-09 | Ł659,525.87 | Michael Andrew Coupe | 204,949 @ 321.80p |
| Sainsbury (J) | Sell | 23-Jul-09 | Ł639,517.09 | Justin King | 201,106 @ 318.00p |
| Diploma | Sell | 23-Jul-09 | Ł292,045.60 | Nigel Lingwood | 208,604 @ 140.00p |
| Sainsbury (J) | Sell | 22-Jul-09 | Ł126,872.87 | Michael Andrew Coupe | 39,426 @ 321.80p |
| MBL Group | Buy | 23-Jul-09 | Ł13,140.00 | Lisa Clarke | 10,000 @ 131.40p |
No comments:
Post a Comment