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| ARB > SEC Filings for ARB > Form 8-K on 4-Jun-2009 | All Recent SEC Filings |
4-Jun-2009
Regulation FD Disclosure, Financial Statements and Exhibits
On June 3, Stephen Morris, the former President, Chief Executive Officer and Chairman of the Board of Directors and current employee of Arbitron Inc. (the "Company") established a new stock trading plan in accordance with the requirements specified in Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Mr. Morris established this plan in order to diversify his investment portfolio. Under the terms of the plan, an authorized third-party broker will sell shares of Company common stock at monthly intervals beginning in August 2009. Additionally, an authorized third-party broker may exercise stock options and then sell shares of Company common stock beginning in August 2009 and ending in October 2009. The plan covers the sale of up to 27,617 shares of Company common stock. This plan is scheduled to terminate no later than December 31, 2009. The plan was adopted during an authorized trading period and when Mr. Morris was not in possession of material non-public information.
Transactions under this plan will be publicly reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.
99.1 Press Release of Arbitron Inc. dated June 4, 2009
The information in this Form 8-K and attached Exhibit shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
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