Invitrogen CEO $9.5 Million Richer Today

by The Editors on November 5, 2007

LucierGregory T. Lucier, the CEO our favorite Carlsbad-based life sciences company Invitrogen exercised options on 196,250 shares of his company’s stock today. He bought them for $38.01 a share and then sold them all in under a prearranged 10b5-1 trading plan for between $86.64 and $89.33. If we did our math correctly (and we’d be the last to assume that was the case) then Mr. Lucier brought home more than $9 million in this transaction. Not bad for four years work at the company (not counting his salary). Who says you have to move to LA or NYC to make the big bucks?

[Link: Forbes]

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: