NorthWest Biotherapeutics Inc (NWBO)

[JerryCampbell]

Let's say a director of a public company like nwbo was scheduled to be paid $100k in fees as a Board member. That person is older and prefers cash, but the corporation has little or no cash. So take newly issued shares from the company in lieu of cash.

If the person really wants cash, then sell those shares in the market. None of us yet know that is the scenario, but the fact pattern is straightforward enough.

Wait a few days to see if there is a followup Form 4 filing with the SEC. No filing means still holding the new shares. Easy peasy.