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hhgregg CEO buys more shares for 12.6% ownership interest
By Lisa Kerner
Charlotte, N.C., Feb. 2 - hhgregg, Inc. chairman and chief executive officer Jerry W. Throgmartin bought 148,953 shares of the company's stock between Nov. 10 and Nov. 26 giving him a 12.6% stake.
The shares were priced between $4.3935 and $5.1573 each, according to schedule 13D/A filed with the Securities and Exchange Commission.
Throgmartin owns 1,269,110 shares of hhgregg common stock and 803,334 options, each to purchase one share of common stock. The options are exercisable within 60 days of Feb. 2, 2009, the filing said.
hhgregg is an Indianapolis-based specialty retailer of consumer electronics and home appliances, and provider of related services.
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