Insider Trading

Insider Trading is a weekly report of stock transactions involving officers, directors and owners of 10 percent or more of a publicly held company. Corporate insiders historically make more economically sound decisions in trading their own company’s stock than do other investors. Selling by insiders is not necessarily negative, however, because they may sell stock for tax reasons, estate planning or cash needs. Here are some of the most recent transactions reported to the U.S. Securities and Exchange Commission and the New York and American stock exchanges by companies with interests in Central Florida.

Coca-Cola Co.

Irial Finan, officer, exercised an option for 194,000 common shares at $22.07 each on May 13. He sold 194,000 common shares at $41.00 each on May 13 and now holds 327,366 shares.

Guy Wollaert, officer, exercised an option for 22,460 common shares ranging in price from $26.70 to $28.92 each on May 14. He sold 22,460 common shares at $40.96 each on May 14 and now holds 43,457 shares.

Convergys Corp.

Joseph E. Gibbs, director, sold 6,548 common shares at $22.60 each on May 14 and now holds 37,214 shares.

Taylor C. Greenwald, officer, sold 4,205 common shares at $21.61 each on May 15 and now holds 6,385 shares.

FedEx Corp.

option for 6,000 common shares at $84.98 each on May 12. He sold 6,000 common shares at $139.79 each on May 12 and now holds 8,500 shares.

Oracle Corp.

Molina Hector Garcia, director, exercised an option for 2,500 common shares ranging in price from $11.40 to $12.85 each on May 15. He sold 2,500 common shares at $41.83 each on May 15 and now holds 5,000 shares.

Starwood Hotels & Resorts Worldwide

Sergio Rivera, officer, exercised an option for 46,619 common shares ranging in price from $38.24 to $65.15 each on May 12. He sold 59,234 common shares at $80.00 each on May 12 and now holds 42,871 shares.

Travelers Companies Inc.

John P. Clifford Jr., officer, exercised an option for 13,000 common shares at $56.81 each on May 13. He sold 13,000 common shares at $92.95 each on May 13 and now holds 15,112 shares.

William H. Heyman, chief investment officer, exercised an option for 27,100 common shares at $39.19 each on May 12. He sold 27,100 common shares at $92.51 each on May 12 and now holds 209,006 shares.

Doreen Spadorcia, officer, exercised an option for 29,258 common shares ranging in price from $47.23 to $51.09 each on May 12. She sold 35,558 common shares ranging in price from $92.25 to $92.36 each on May 12 and now holds 18,415 shares.