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EVP of Alkermes plc just cashed-in 11,698 options

Elliot Ehrich, EVP of Alkermes plc, recently cashed-in 11,698 options. The options were exercised at $8.55, while the disposals took place between $37.63 and $38.44 per share, on April 13, 2016. Ehrich continues to hold 40,944 shares of the company. Ehrich operates out of Waltham, MA. Some additional info was provided as follows:

This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. This sale was effected pursuant to a Rule...