J2 Global Co-President Exercises Options – Forbes.com
The co-president of J2 Global Communications Inc., which provides companies with fax, voicemail and e-mail services, exercised options for 36,000 shares of common stock, according to a Securities and Exchange Commission filing.In a Form 4 filed with the SEC Thursday, reported exercising the options Wednesday for $18.77 apiece and then selling all of them the same day for $30.99 to $31.03 apiece.
For those of your keeping score at home, that is at least $439,920 in profit in one day. Nice!
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