...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: More options exercised, this time by Ewelina Kulikowski

So GAC, I find this insider exercising of options interesting.

As I understand it as an example Ewelina Kulikowski (SVP R & D) converted 9,900 options into shares at $1.28. If she sold them at $2.50 she could realize a profit of $12,078 if my arithmatic is correct.

Brad Cann (CFO) exercised 33,800 at $1.28.

What I missed is the expiry date of these options. Perhaps the options were going to expire soon and they felt it is a good conversion at $1.28. Perhaps they just want to make some immediate money now that the share price seems to be moving the right direction?

I'm not sure what (if any) signal exercising the options implies about their vote of confidence about the success of BoM.

Toinv

Share
New Message
Please login to post a reply