Ceradyne (CRDN)

[buhg1b]

Friday March 28, 3:14 pm ET
Ceradyne Director Milton L. Lohr Exercises Options for 3,900 Shares

NEW YORK (AP) -- A director at Ceradyne Inc., which makes ceramic parts and products for defense applications, exercised options for 3,900 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

In a Form 4 filed with the SEC, Milton L. Lohr reported he exercised options for the shares Tuesday for $3.22 apiece and then sold the same number of them the same day for $31.02 to $31.12 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Ceradyne is based in Costa Mesa, Calif.

http://biz.yahoo.com/ap/080328/ceradyne_insider_transactions.html?.v=1