NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

The only warrants held by insiders are LPs at 39M. The other aprox 290M are in public hands.

Almost all of the aprox 300M options are in the hands of employees and directors (a few were given to contractors).

Warrants have no tax issues other than the set the cost basis and timeline for LTCP when exercised.

Options are all non-statutory. So they are ordinary income at time of exercise at whatever the gain was. I.E>., if Bosch exercises 100K options at .22 and the current PPS is 1.65 he would have the stock with a 1.65 basis but owe ordinary income tax on $143M of income which is the value of the stock he purchased over fair market value.