Insider overview: Helmerich and Payne Inc.
BY THOMSON FINANCIAL REPORTS
Monday, December 31, 2012
12/31/12 at 3:02 AM
Hans Helmerich, chief executive officer, Dec. 19 exercised options to buy 100,000 shares at $12.08 with a market value of $1,208,000. Helmerich, who also exercised options on 180,000 shares in November, has not sold HP shares since December 2010.
John W. Lindsay, president of Helmerich and Payne, on Dec. 20 exercised options to purchase 5,000 shares at $12.08 with a market value of $60,400. On the same say, Lindsay sold 5,000 direct shares at $56.71 to $56.77 per share with a market value of $283,630.
L. Francis Rooney III, director, on Dec. 21 exercised options on 16,697 HP shares at $12.08 to $47.94 with a market value of $385,674.
Honeywell International Inc.: David John Anderson, chief financial officer, on Dec. 19 exercised options to purchase 112,000 shares at $35.65, market value $3,992,800. The same day Anderson sold 83,723 direct shares at $63.95, market value of $5,354,086. Anderson holds 119,064 common shares. A subsidiary of Honeywell is buying a 70-percent stake in Tulsa-based manufacturer Thomas Russell Co. for $525 million.
Holly Energy Partners LP: Charles M. Darling IV, director, from Dec. 18-20 sold 700 direct shares at $65.20 to $67.50, market value $45,870. Holly Energy Partners is a pipeline, transport and logistics firm controlled by HollyFrontier Corp., which owns the Tulsa oil refineries.
BOK Financial Corp.: Stanley A. Lybarger, CEO, on Dec. 20-21 sold 44,195 direct and indirect shares at $55.06 to $55.23 with a market value of $2,438,113. Thomson rates Lybarger's insider predictive score at 30, considering BOKF shares have risen an average 7.7 percent in the six months following previous 26 sell decisions.