Astrotech Corp. (ASTC)

[mas]

Previous big gifts to the Silver Surfer, destroyer of (shareholders) worlds

http://www.secform4.com/insider-trading/1310519.htm

http://www.secform4.com/filings/1001907/0001181431-08-044044.htm
http://www.secform4.com/filings/1001907/0001209191-09-042732.htm

2008-07-18
Option Award 1,100,000 $0.45

2009-08-19
Option Award 750,000 $0.00

and about 412K more up to 2012 and now another free 660K in 2015. So 11% of the company gifted to him by his fellow pig trough directors just up to 2012. He buys another 9% (1,783,746) at only $0.90 in 2012 and now another 3% gift in 2015.

All this shareholder value he has acquired has come purely from the Astrotech business he inherited, absolutely none from his Spacetech efforts over 9 years and also LMT came looking for ASTC to buy ASO not the other way round. Nice 'work' if you can get it.

Insiders have basically given themselves a third of this company (dilution of an extra half of original sharecount) for bumbling along not doing much at all for 8 years until someone came knocking to take the legacy business off them.

The shackles on corporate greed are too little as basically these guys sit on the boards of their companies and give each other big awards. Incestuous circle of greed. The last employee renumeration plan with all these free stock grants should have been rejected but share votes held by brokers are not counted so these excessive greed plans are easily passed.