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coldasice

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coldasice

Re: mikeslife post# 9603

Wednesday, 12/24/2014 7:20:00 PM

Wednesday, December 24, 2014 7:20:00 PM

Post# of 12137
The options need to vest first, and the options do not vest all at once. From CEO Shelton's latest form 4. "1/48 of the options vest on the 18th of each month for forty-eight months beginning on 1/18/2015." Every month for a period of 4 years, 96,000 shares will vest. Once those options are vested, CEO Shelton than has the right to exercise those vested options, but is not obligated.

The takeaway from the filings in my opinion. The insiders could have discounted the options and they didn't. It tells me, the insiders are not only shareholder friendly, but they (insiders) believe the stock is going higher from this .40 level.
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