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Re: Stockfun1 post# 2200

Monday, 02/10/2020 8:55:11 AM

Monday, February 10, 2020 8:55:11 AM

Post# of 2678
dStockfun,I pulled this from the yahoo board,I belive it's the correct answer.

They are simply stock options given to the top officers of the company likely as part of their employment contracts and also likely triggered by some company milestone(s). These are options to purchase the stock @ $5.05 any time up till January 30, 2030 ... ten years from now. These options have NOT been exercised, simply issued. None of these officers have actually purchased shares of ZYNE. They are just stock options (bonus) given to these individuals. No different than many companies do for bonuses to their employees.
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