You mean that flurry of Form 4s? I don't know. They've issued themselves options that exercise at 91.5¢ and are good for 10 years. But we have no way of knowing the nature of those options (as far as I can tell anyway).
My opinion is that it's another example of management continuing their pattern of obfuscation with their ownership (the common equity). They are meeting the bare legal requirements while keeping equity as much in the dark as they can get away with.