posted on
Feb 17, 2015 05:42PM


Message: guess
1. shares sold pursuant to cashless exercise of options granted pursuant to Rule 16b-3.
It looks like Renee Warden sold back options valued at .022 experations 11-29-15 and was issued a new option @.055
It appears they were sold back, and the new option is giving a greater amount of shares for the .055.
The mix of sell backs by Renee and new options for Renee and others are, IMO, reflecting the number in the cash flow statement.
They can start exercizing on 3-25-14...undre these conditions..
1. Vest 25% at grant and 25% every six months thereafter subject to the terms of the option agreement and option plan
doni
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