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DewDiligence

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DewDiligence

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Re: DewDiligence post# 23700

Friday, 08/20/2021 11:18:45 AM

Friday, August 20, 2021 11:18:45 AM

Post# of 30495
CLF CEO exercises $6M option—keeps_all_shares_and_pays_taxes_with_cash:

https://www.sec.gov/Archives/edgar/data/764065/000076406521000187/xslF345X03/wf-form4_162946812405384.xml

Exercising and holding, while paying the taxes with cash, is mathematically equivalent to buying shares on the open market. The 250K-share option in question did not expire until Nov 2021.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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