Ernie Whiton is not a person who lets stock options lay around without getting some exercise.
The CFO at Zoll Medical Corp. (NSDQ:ZOLL) is preparing to sell off another large slice of his company stock, disclosing plans this week to offer up to 90,000 shares through a series of pre-arranged sales beginning next month.
Whiton joined the Chelmsford, Mass.-based maker of defibrillators in January 1999, following a six-year stint at Ionics Inc. (now part of General Electric) in Watertown, Mass. He earns $280,000 in annual salary and holds a total of 107,750 vested options to buy Zoll stock priced between $11.26 and $23.05 a share, awarded through Zoll’s long-term equity incentive compensation plan.