Marshall & Ilsley Corporation Executives Exercise Options
April 28 2008 - 5:45PM
PR Newswire (US)
MILWAUKEE, April 28 /PRNewswire-FirstCall/ -- Marshall & Ilsley
Corporation (NYSE:MI) (M&I) today announced that three of its
executives have exercised stock options which were expiring this
year. The stock options were granted to the executives in 1998
under the Corporation's 1997 Executive Stock Option and Restricted
Stock Plan. Dennis J. Kuester, chairman of the board, exercised
stock options for 100,215 shares; John L. Roberts, senior vice
president, exercised stock options for 16,034 shares; and Thomas R.
Ellis, senior vice president, exercised stock options for 10,690
shares. Each executive paid the exercise price of the option by
surrendering previously owned shares of M&I common stock
resulting in a net increase in the number of M&I shares held by
each executive. After the exercise, Kuester will hold 455,452
M&I shares and options to acquire 1,759,525 M&I shares;
Roberts will hold 155,097 M&I shares and options to acquire
463,664 M&I shares; and Ellis will hold 23,587 M&I shares
and options to acquire 337,391 M&I shares. Marshall &
Ilsley Corporation (NYSE:MI) is a diversified financial services
corporation headquartered in Milwaukee, Wis., with $63.4 billion in
assets. Founded in 1847, M&I Marshall & Ilsley Bank is the
largest Wisconsin-based bank, with 193 offices throughout the
state. In addition, M&I has 51 locations throughout Arizona; 32
offices in Indianapolis and nearby communities; 31 offices along
Florida's west coast and in central Florida; 15 offices in Kansas
City and nearby communities; 24 offices in metropolitan
Minneapolis/St. Paul, and one in Duluth, Minn.; and one office in
Las Vegas, Nev. M&I's Southwest Bank subsidiary has 17 offices
in the greater St. Louis area. M&I also provides trust and
investment management, equipment leasing, mortgage banking,
asset-based lending, financial planning, investments, and insurance
services from offices throughout the country and on the Internet
(http://www.mibank.com/ or http://www.micorp.com/). M&I's
customer-based approach, internal growth, and strategic
acquisitions have made M&I a nationally recognized leader in
the financial services industry. DATASOURCE: Marshall & Ilsley
Corporation CONTACT: Randall J. Erickson of Marshall & Ilsley
Corporation, +1-414-765-7809 Web site: http://www.micorp.com/
http://www.mibank.com/
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