ADVERTISEMENT

AES CORP.: Gluski, Andres R., chief executive officer, exercised an option for 22,489 shares of common at $8.97 each on May 14.

CLEVELAND BIOLABS: Saluck, Randy S., director, purchased 3,500 shares of common at $1.60 each on May 17 and now directly and indirectly holds 84,500.

DOW CHEMICAL CO.: Fitterling, James R., officer, exercised an option for 46,720 shares of common at $9.53 each on May 21. Edmonds, Ronald C, officer, purchased 100 shares of common at $34.42 each on May 13 and exercised an option for 23,647 shares of common at $9.53 each on May 20 and now directly and indirectly holds 64,722. Kalil, Charles J., general counsel, exercised an option for 102,978 shares of common at $9.53 each on May 20. Ruiz, Fernando, officer and treasurer, exercised an option for 29,200 shares of common at $9.53 each on May 16, sold 2,007 shares of common at $35.56 each on May 20 and now directly and indirectly holds 130,639.

E.I. DU PONT DE NEMOURS & CO: Vergnano, Mark P., officer, exercised an option for 48,743 shares of common at $44.74 each on May 20, immediately sold 48,743 shares of common at $56 and now directly and indirectly holds 113,763.

FORD MOTOR CO.: Fields, Felicia J., officer, exercised an option for 30,000 shares of common at $13.26 each on May 21, immediately sold 30,000 shares of common at $15.05 each and now directly and indirectly holds 353,542. Rowley, Stuart J., officer, exercised an option for 28,000 shares of common between $1.96 and $13.26 each on May 17, immediately sold 28,000 shares of common at $14.98 each and now directly and indirectly holds 26,160. Day, Raymond F., officer, exercised an option for 49,916 shares of common between $1.96 and $12.69 each on May 15, immediately sold 49,916 shares of common at $14.68 and now directly and indirectly holds 26,333.

GANNETT CO.: Louis, John Jeffry Jr., director, exercised an option for 35,305 shares of common between $3.40 and $15.21 each on May 20.

GENERAL MOTORS: Millikin, Michael P., general counsel, sold 7,924 shares of common at $32.31 each on May 15 and now directly and indirectly holds 70,145.

KEYCORP: Buffie, Craig A., officer, purchased 200 shares of common at $10.41 each on May 13 and now directly and indirectly holds 200. Weeden, Jeffrey B., chief financial officer, exercised an option for 350,000 shares of common at $6.12 each on May 13, immediately sold 276,000 shares of common at $10.38 each and now directly and indirectly holds 427,064.

MARSH & MCLENNAN COS.: Gilbert, Edward Scott, officer, exercised an option for 50,000 shares of common between $30.51 and $31.23 each on May 17, immediately sold 50,000 shares of common at $40.99 each and now directly and indirectly holds 11,393. Moczarski, Alexander S., officer, exercised an option for 173,216 shares of common between $22.71 and $31.89 each on May 17, immediately sold 173,216 shares of common at $40.80 each and now directly and indirectly holds 31,692. Nadler, David A., chief executive officer, sold 12,500 shares of common at $40.95 each on May 17 and now directly and indirectly holds 127,321.

NATIONAL FUEL GAS CO.: Ciprich, Paula M., general counsel, exercised an option for 12,500 shares of common at $28.16 each on May 17.

NORTHROP GRUMMAN CORP.: Vice, Thomas E., officer, sold 9,163 shares of common at $81.72 each on May 17 and now directly and indirectly holds 13,092.

OLIN CORP.: Curley, Stephen C., officer and treasurer, exercised an option for 3,200 shares of common at $18.52 each on May 20, immediately sold 3,200 shares of common at $25.06 each and now directly and indirectly holds 27,174.

PRAXAIR INC.: Hall, Ira D., director, sold 1,900 shares of common at $115.28 each on May 17 and now directly and indirectly holds 5,405. McVay, Larry D., director, sold 2,859 shares of common at $114.65 each on May 15 and now directly and indirectly holds 8,901.

Prepared by First Call/Thompson Financial of Boston, Mass., from Securities and Exchange Commission filings.