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Biotech / Medical : CEPH - CEPHALON

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To: Icebrg who wrote (57)8/22/2003 6:44:31 AM
From: Icebrg   of 109
 
According to a 4A filing Baldino exercised an option August 19 to buy 40.000 shares @ 16,25 whereupon he immediately sold all of them plus some more at a price around 45. The transaction netted him a profit around 1,1 mUSD. He continues to hold some 235.000 shares.

Erik
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