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Tuesday, January 10, 2017 4:46:55 PM
https://www.sec.gov/Archives/edgar/data/1235010/000117911017000844/xslF345X03/edgar.xml
15K of these options were expiring in a few weeks, but the other 24.6K (representing $400K worth of stock at the market price) did not expire until Feb 2018.
An exercise-and-hold transaction is bullish, especially for an officer who ordinarily sells shares under a 10b5-1 plan.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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