Edwin Hill, a senior vice president, exercised options for 49,656 shares at $11.43 each for a total of $567,568. He then sold those share at market price for $55.04 per share for a total sale of $2.73 million.
Thomas Stemberg, a director, exercised options for 9,091 shares at $14.86 each. He then sold the shares at market price for $55.12 each, for a total sale of $501,000.
The company amended and extended a $650 million line of credit with J.P.Morgan, Bank of America and others. It was set to mature in March 2017 and now runs through October 2019.
Bruce Hazelgrove, the company’s chief accounting officer, sold 243 shares at $385.19 per share for a total sale of $93,600.
Owens & Minor (OMI)
Robert Sledd, a director, sold 6,088 shares in three separate transactions for a total of approximately $203,000.
Union Bankshares (UBSH)
The parent of Union First Market Bank declared a quarterly dividend of $0.15 per share.