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Cambrex Corporation's President and CEO just cashed-in 49,121 options

Steven M Klosk, Cambrex Corporation's President and CEO and a director of the company, recently cashed-in 49,121 options. The options were exercised at $0.00, while the disposals took place between $50.57 and $51.31 per share, on November 05, 2015. Klosk continues to hold 100,870 shares of the company. Klosk operates out of East Rutherford, NJ. Some additional info was provided as follows:

Phantom stock units held by reporting person were issued pursuant to the Deferred Compensation Plan of Cambrex Corporation (as Amended and Restated as of March 1, 2001). Each phantom stock unit was the economic equivalent of one share of Cambrex common stock. On...