Good Evening from Ottawa:
If I read the 4's right, these guys just picked up 1.5m shares, did these arise out of the new float or were they bought on the open market? Next question arises are these just grants or did they have to pony up some of their personal cash to do the deal?
I wouldn't mind exercising them if they are grants at 1.69ish and taking 200k of them through to decision date. Tax bill would probably be around 340k * 30% (sorry guessing) better than exercising at post FDA decision date. Interesting that they all took them on the 17th at the same price.
Looking to buy more buthave no more buy them with, I was hoping my EXEL would have been a done and bought out deal by now.
OOG