Seems that a lot of big time share/option/warrant holders had quite an active end of June, beginning of July.

Based on my sense of these individuals' continued belief in Poet along with how many shares they still hold and/or control, I find them cashing in what I believe to be no more than 5-10% of their holdings to be financially prudent.

I've stated selling (especially into an unusually robust and rising market for POET shares as was presented last week) was a strategy not to be criticized.  I'd be a hypocrite if I now said the fact that insiders exercised and sold was a mistake. 

Rather than traitorous, like a few here have implied, I think it was a prudent move. While many here may be 100% sure of Poet's future success, apparently some insiders are not at 100% certainty   - and I would not expect them to be!  These are smart to brilliant individuals. And I can't chalk this up to just one or two insiders needing some cash, as this was lockstep behavior by several insiders.  And possibly pursuant to stock sale plan.  

Did the sellers plan on having the disclosure of their sales push the price down so they could rebuy cheaper?  Let's hope not, as that might get a few people in trouble and that would put them in the realm of Peter C.  Do not want to even think about that. 

If anyone knows the expiry dates of the option/warrants exercised (I think the .52 expire in November of this year, but I can't keep things straight these days), please post.