Qwest exec cashes out options
Rocky Mountain News
Wednesday, November 15, 2006
Barry Allen, Qwest's executive vice president of operations,
has exercised 1.2 million options and sold the stock for a
pretax profit of $6 million, according to a federal
regulatory filing Tuesday.
Allen becomes the fourth Qwest executive to exercise large
chunks of options in the past week. Altogether the four,
including CEO Dick Notebaert, have netted a pretax profit of
nearly $50 million.
Compiled from News
staff, The Associated Press, Bloomberg News, Scripps Howard