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ICU Medical director just cashed-in 1,875 options

Joseph R Saucedo, a director of ICU Medical, recently cashed-in 1,875 options. The options were exercised at $32.92, while the disposals took place at $103.22 per share, on April 15, 2016. Saucedo continues to hold 1,556 shares of the company. Saucedo operates out of San Clemente, CA. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2015. These options were inadvertently titled as incentive stock options when the award was reported on Form 4 filed on April 19, 2005, these are actually Non-Qualified Stock Options. Transaction is the exercise of a derivative security; see Column 2.

The above information was d isclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

ICU Medical releases salary data. CEO sees compensation fall -73% - April 4, 2016
Secretary of ICU Medical just cashed-in 44,026 options - March 31, 2016
ICU Medical's VP Operations just cashed-in 20,000 options - March 31, 2016