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NEW YORK (AP) -- The chairman and chief executive of Emcor Group Inc., an electrical and mechanical construction company, exercised options for 47,500 shares of common stock, according to a Securities and Exchange Commission filing Thursday. In a Form 4 filed with the SEC, Frank T. MacInnis reported he exercised options for the shares Tuesday for $4.94 apiece and then sold the same number of them the same day for $30 to $31.85 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. Emcor Group is based in Norwalk, Conn.
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