Baba "Not sure I'm clear on it. Is that report saying the exercise price was .84?  Did we know of any .84 options?  Or is it saying he exercised his options at some other price and then sold the stock for .84?  "

He didn't have an options at .84 so that must be fair market value when he exercised.  The options I can see were .22 to .38.

Regarding the transaction it looks like option count went down and common share count went up to balance the ledger.