NEW YORK (AP) - A senior vice president of jewelry retailer Tiffany & Co. exercised options for 20,000 shares of common stock, according to Securities and Exchange Commission filings Tuesday.

In Form 4s filed with the SEC, Pamela H. Cloud reported she exercised options for the shares on Monday and Tuesday for $9.48 to $32.47 apiece and then sold 18,929 of them the same days for $51.92 to $53.04.

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.