The chairman does not take a salary, so he exercises the options and sells the stock. As for other insiders, they would have fared better if they held the stock. They have not sold with the knowledge that the stock would lose value.In fact, the reverse has been true. Shareholders have recently voted down a 5,000,000 share option program, thinking that management has abused the option perk. Also, many of the insider sales were registered as 10-5b (I think that's the designation), planned sales. They had no idea where the stock price would be when they sold the stock. There has been extensive debate on the IDCC IHUB board about options and insider selling. IMO the stock is being held down due to the Nokia/Samsung negotiations. If they fall in place, others potential licensees will be forced to acknowledge the company's IPR, and then the royalties should increase dramatically IMO.Also, engineers and scientists are given options based on patent submissions, and more on patent approvals.
