Rochester,NY 8/31/2009 8:43:27 PM
Affiliated Managers Group Inc. AMG , COO pockets quick $2.2M
Affiliated Managers Group Inc.
Affiliated Managers Group Inc. Chief Operating Officer Nathaniel Dalton realized $2.2 million from recent stock option exercises, taking advantage of a 48 percent surge in the company’s stock price this year.
Dalton exercised options to buy 102,702 shares of AMG stock. The strike prices on the options were between $35.42 and $43.50.
Dalton then sold the stock at prices between $63.76 and $64.13, according to an SEC filing. The options were due to expire next year. The stock is up 48 percent this year.
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