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Re: None

Saturday, 05/28/2016 9:27:59 PM

Saturday, May 28, 2016 9:27:59 PM

Post# of 47873
This seems to be the bulk of the money making options for the team. Note they are only making money above $1.40

Named Executives and Directors

Shares Granted

Glenn D. Bolduc 5,442,490

Dr. William J. McGann 1,498,972

Roger P. Deschenes 1,058,498

Dr. Darryl K. Jones 1,258,498

Michael C. Turmelle 640,949

Howard Safir 303,399

Robert P. Liscouski 806,798

John A. Keating 303,399

Todd A. Silvestr 730,949

Brenda L. Baron 730,949

Estate of Joseph E. Levangie 525,099

Total

13,300,000

On July 1, 2015, at the 2015 Annual Meeting of Stockholders, the September 2012 amendment was approved by our stockholders.
Each of the options has an exercise price of $1.40 per share. One-half of options granted to each of Messrs. Bolduc, Deschenes, Silvestri and Ms. Baron were immediately exercisable and the other one-half became exercisable on September 7, 2013. One-third of the new options granted to each of Drs. McGann and Jones were immediately exercisable, one-third became exercisable on September 7, 2013, and the remaining one-third became exercisable on September 7, 2014. Options granted to Messrs. Turmelle, Safir, Liscouski, Keating and the Estate of Mr. Levangie are immediately exercisable in full. All of the options will expire on September 6, 2022, subject to earlier expiration with respect to Messrs. Bolduc, McGann, Deschenes, Jones, Silvestri and Ms. Baron in connection with the termination or cessation of their respective employment with the company.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10929390-832-447456&type=sect&TabIndex=2&companyid=10539&ppu=%252fdefault.aspx%253fcik%253d1068874

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