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Flir Systems executive vice president exercises options

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May 7, 2008

NEW YORK—An executive vice president of thermal imaging maker Flir Systems Inc. exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Arne Almerfors reported he exercised the options Monday for $9.79 apiece and then sold all of them the same day for $34.22 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Flir Systems is based in Wilsonville, Ore.

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