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Re: DewDiligence post# 199200

Wednesday, 01/20/2016 5:10:20 PM

Wednesday, January 20, 2016 5:10:20 PM

Post# of 257302
>>It’s legal to exercise options and hold the resulting shares while in possession of material non-public information.

Paradoxically, if you know a disaster is coming shortly but can't sell because of inside information, it is optimal to exercise and hold, with enough shares withheld to cover taxes. But I doubt if one executive in a thousand is sophisticated enough to figure that out.

Peter

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