Hercules Offshore (HERO) Director Bates Boosts Position by 40,000 Shares
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Hercules Offshore, Inc. (Nasdaq: HERO) recently disclosed a notable insider trade by one of its Directors.
According to a Form 4 filed Thursday, Thomas Bates acquired 40,000 shares of Hercules in the open market on May 30th and 31st for prices of $3.55 and $3.30 per 20,000 lot. Gross value of the two transactions was $137,000.
The acquisition boosts Bates' holding to 170,000 shares.
Hercules ended the session down 6 percent.
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According to a Form 4 filed Thursday, Thomas Bates acquired 40,000 shares of Hercules in the open market on May 30th and 31st for prices of $3.55 and $3.30 per 20,000 lot. Gross value of the two transactions was $137,000.
The acquisition boosts Bates' holding to 170,000 shares.
Hercules ended the session down 6 percent.
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