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Stock options to key employees timing seems suspicious

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Zuper8   Friday, 01/15/21 12:47:58 PM
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Stock options to key employees timing seems suspicious to me. They approved 377,000,000 options to key employees at a strike price of 0.0068 on January 5th. That was the price on January 5th, but then it took off like a rocket a couple days later. It seems to me that upper management knew this would take off by January 5th, before they released news to the public. This is at least $35,000,000 of instant free money to a few key employees. It seems the options should have been granted after the news was released and the strike price for the options should be much higher. Does anyone have more information on this or can shed more light on this?

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