The chief financial officer of offshore drilling company Ensco International Inc. exercised options for 15,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, James W. Swent III reported he exercised options for the shares Friday for $27.31 to $33.55 apiece and then sold them the same day for $68 each.

Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.

Ensco is based in Dallas.

This entry was posted by Memble on Thursday, May 15th, 2008 at 7:07 pm and is filed under General, Oil and Gas. Tags: Common Stock, Company, Dallas, drilling, ENSCO International, Ensco International Inc., Exchange, Market, offshore, Offshore Drilling, Purchases, Securities and Exchange Commission, Shares. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.