23-12-2014 15:58 via insuranceinsider.com

O'Kane sells $1mn of Aspen shares

Aspen CEO Chris O'Kane has sold 23,600 shares in the
Bermudian (re)insurer at an average price of $42.92 for a gross
total of $1,012,912.
A Securities and Exchange Commission filing revealed that
O'Kane had exercised his right to buy the shares at $24.44 on
Friday 19 December, selling them the same day for a gain of
$436,128. The executive's options were due to expire yesterday
(22 December).
O'Kane's remaining shareholding in Aspen is 189,311
shares, which was worth $8.3mn a
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