Tulsa World: Insider overview: Leggett & Platt Inc.

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Insider overview: Leggett & Platt Inc.
NYSE: LEG

By MOTLEY FOOL
Published: 11/9/2009 2:21 AM
Last Modified: 11/9/2009 5:06 AM

Jack D. Crusa, senior vice president, president-specialized products, on Oct. 28 exercised options to buy 47,563 shares at between $3.09 and $4.32 with a market value of $177,874, and on the same day sold 488 directly held shares at $20.08 with a market value of $8,997, and now holds 85,056 shares total common.

These are the third and fourth transactions by Crusa this year, according to Thomson Reuters. On Feb. 18 he purchased 4,000 directly held shares at $12.45 with a market value of $49,800, and on Aug. 20 he sold 3,000 directly held shares at $18.23 with a market value of $54,690.

In the 16 qualified sells by Crusa, the share price has fallen 4.7 percent in the six-month period following the transactions.

Crusa has a Thomson Reuters proven sell score of 81 (100 being the most predictive).

Shares of LEG closed Friday at $19.44, down 12 cents. They have traded at a low of $10.03 on March 6, and a high of $21.44 on Oct. 26.

Educational Development Corp.: Randall Wayne White, CEO, on Oct. 29 purchased 2,400 directly held shares at $5.05 with a market value of $12,120, and now holds 777,193 shares total common.

EDUC shares closed Friday at $5.15, up 15 cents.

Whirlpool Corp.: Jeff M. Fettig, CEO, on Oct. 27 exercised options to buy 64,000 shares at $52.19 with a market value of $3.34 million, and on the same day sold 64,000 directly held shares at between $74.99 and $75.60 with a market value of $4.8 million, and now holds 155,769 shares total common.

These are the first transactions by Fettig in 2009. He has single transactions for the past three years — an options exercise, sell and purchase, respectively.

On Friday, WHR shares closed at $70.82, down $3.03.

Kimberly Clark: Robert E. Abernathy, group president-North Atlantic Consumer Products, between Oct. 23 and Oct. 30 exercised options to buy 24,284 shares at $52 with a market value of $1.3 million, and on the same dates sold 25,284 directly held shares at between $62.02 and $62.62 with a market value of nearly $1.58 million.

And on Nov. 2, Abernathy exercised options to buy 45,900 shares at $52 with a market value of nearly $2.39 million, and on the same day sold 45,900 directly held shares at $62.01 with a market value of nearly $2.85 million, and now holds 132,495 shares total common.

Shares of KMB were up 16 cents Friday to close at $63.71. By MOTLEY FOOL

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