Big options profits for LifePoint chief legal officer

Paul Gilbert, the chief legal officer at LifePoint Hospitals since early 2008, this week became the latest local insider to book some big profits when he exercised 40,000 stock options and then sold more than 54,000 of his shares. The moves — which came after LifePoint (Ticker: LPNT) climbed more than 10 percent in a month — produced a profit of almost $1.7 million for Gilbert, who moved to LifePoint from Waller in 2006.