BILLERICA, Mass., Nov. 17, 2011 (GLOBE NEWSWIRE) -- Entegris, Inc. (Nasdaq:ENTG) today reported that Gideon Argov, president and chief executive officer, exercised and sold in a cashless transaction on the open market 625,500 options at a strike price of $8.35 per option, which were granted to him on November 21, 2004 and which were due to expire on November 21, 2011. Mr. Argov used the net proceeds of that transaction, together with additional personal cash, to then exercise and hold 50,000 options at a strike price of $1.13 per option granted to him on February 10, 2009 and to pay taxes related to that exercise. Following these transactions, Mr. Argov holds approximately 686,350 shares of Entegris stock.
About Entegris
Entegris is a leading provider of a wide range of products for purifying, protecting and transporting critical materials used in processing and manufacturing in the semiconductor and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information can be found at www.entegris.com.
The Entegris, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3700