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Varian Semiconductor CEO Gary Dickerson Sells $13.7M - cbl
Posted June 8, 2011
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Gary Dickerson
By Brian Wolak
GLOUCESTER, Mass. -- Varian Semiconductor Equipment Associates (Nasdaq:VSEA) CEO Gary Dickerson has sold $13.72 million in company stock.
Exercising a number of options, Dickerson bought 223,260 shares at an average of $30.60 per shares, then sold them at an average of $61.45 apiece - gaining $6.97 million from the transactions.
He still owns 146,250 shares - worth $8.97 million based on Wednesday's closing price of $61.34.
Dickerson has served as Varian Semiconductor's CEO since 2004. Prior to that, he was president and COO of KLA-Tencor.
Based in Gloucester, Mass., Varian Semiconductor Equipment Associates supplies ion implantation equipment used in the fabrication of semiconductor chips. Varian Semiconductor designs, manufactures, markets, and services semiconductor processing equipment for semiconductor manufacturers in the United States, Europe and Asia Pacific.
SEC filing: http://tinyurl.com/3jdbcy3
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