Shapiro exercises United share option

 

10 January 2007 — Deerfield (IL): Benson Shapiro, a director of United Stationers, has exercised options for 5,000 shares of common stock under a prearranged trading plan.

 

Shapiro exercised the shares on Monday for $22.13 per share and then sold them later that day them for between $45.75 and $46.05 each.

 

The stock sale was conducted under a prearranged trading plan which allows a company insider to make such transactions even if they come into possession of information that has not been made public.