Berman Disposes of 11,333 Shares of ELS Stock

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December 1, 2011 by   - () Leave a Comment

Michael Berman disposed of 11,333 shares of Equity Lifestyle Properties Inc. (ELS) stock as noted in an SEC Filing today (Dec. 1).

Over the past 12 months, Berman has sold a total of 2,295 shares of ELS stock with proceeds from the sale totaling $131,985, MMD Newswire reported. Over the same time period, Berman has purchased 20,000 shares of ELS stock with a total cost of $495,000. Berman has also performed other transactions including grants or awards, dispositions, payment of tax liabilities  and used transaction code "J."

Chicago-based ELS announced this week Berman was leaving his position as CFO at ELS to take a similar post at another firm in the Chicago area.

A total of 80,838 shares of Equity Lifestyle Properties Inc. stock was sold by insiders, totaling $5,075,436 over the last 12 months. Over the same time 12-month time period, 278,500 shares of ELS for a total value of $10,367,875 were purchased by company insiders.

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