Insider overview: BancFirst Corp.
BY THOMSON FINANCIAL REPORTS
Monday, October 29, 2012
10/29/12 at 8:47 AM
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Kendal W. Starks, officer, on Oct. 17 exercised options to purchase 3,844 shares of BANF at $16.84 with a market value of $64,748. On the same day, Starks also sold 3,844 direct shares at $44 with a market value of $169,136.
Karen James, BancFirst officer, on Oct. 17 exercised options to purchase 15,000 shares at $15.25 with a market value of $228,750. James also sold 8,636 direct shares at $44.50 with a market value of $384,302.
R, Banking LP, beneficial owner, from Oct. 18-24 sold 63,400 direct shares of BANF at $43 to $44.28 per share with a market value of $2,782,409. R. Banking holds 5.8 million common shares in the Oklahoma City-based financial institution.
BancFirst reported $13.9 million in net income for the third quarter, 10 percent higher than the same period last year. The firm's assets totaled $5.8 billion as of Sept. 30, according to reports.
Honeywell International Inc.: David John Anderson, chief financial officer, on Oct. 24 exercised options to purchase 150,000 shares at $28.13 to $35.65 with a market value of $4,505,260. Anderson also sold 106,224 direct shares at $61.45 with a market value of $6,527,465.
A subsidiary of Honeywell recently announced plans to purchase a 70 percent stake in Thomas Russell Co., a Tulsa natural gas processing plant manufacturing firm, for about $525 million.
Honeywell, an industrial conglomerate, retains an option to buy the other 30 percent of Thomas Russell Co., according to reports.