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DewDiligence

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DewDiligence

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Re: DewDiligence post# 196335

Wednesday, 03/09/2016 7:38:53 PM

Wednesday, March 09, 2016 7:38:53 PM

Post# of 252884
ENTA’s CEO, Jay Luly, exercised and held the resulting shares on ~$530K of stock today:

http://www.sec.gov/Archives/edgar/data/1177648/000090866216000497/xslF345X03/edgar.xml

The options in question did not expire until 2021.

The last time Luly did an exercise-and-hold maneuver was in Oct 2015—right after the big drop in the share price due to the V-Pak label change (#msg-117951247).

Moreover, ENTA’s CSO executed exercise-and-hold transactions on $4M worth of stock in Jan 2016 (#msg-119968598).

Please see the thread culminating in #msg-109711695 for related info.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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