from FF's email, the termination causes some of the options to expire within 30 days...(which otherwise probably had much longer option periods).., normally you would not exercise unless you had a gain, but if you know they will be worth more later, and your option is expiring, you would execute your options now;

It is the company that has the duty to sell the stock at the option price; not private investors; the options must be paid with treasury stock owned by the co, or stock already authorized to be issued, this is not a public purchase, but a filing with the SEC will probably be required....ie, you will not see this option go through the .ob board or stock exchange (unless i guess the company had to buy the shares first in order to sell them to the option holder---which I'm guessing would be rare and not the case here.)

most likely ---if you are fired with cause, which I'm not concerned about here...the co would yank your rights /options...

get ready to party... imo all will be big

defense companies want to keep their clients...not say " gee, the other 11 defendants settled; but let's roll the really big dice"...

i expect new suits any day...and i expect edig.com to be big...just my opinion.