Walt Disney Chairman/CEO Bog Iger exercised options on 1 million shares of company stock and sold them for about $47.4 million, netting about $17.9 million, Bloomberg reports. Iger paid $29.51 to exercise each option and sold them for an average $47.37 each, according to an SEC filing, to result in a profit before fees of about $17.86 per share sold. Iger still holds 1.14 million shares. “He’s just diversifying his investments and still has a very large portfolio of Disney stock,” said Disney spokesperson Zenia Mucha.
By THE DEADLINE TEAM | Friday November 16, 2012 @ 9:54pm PSTTags: Big Deals Film, Big Deals TV, Bob Iger, Walt Disney Co
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This article was printed from http://www.deadline.com/2012/11/disneys-bob-iger-nets-17-9m-in-stock-sale/
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