I know but this happens every Q like clockwork. Every one of those transactions are a direct result of their vesting plan even though one transaction from Mears was not a "to satisfy mandatory non-discretionary tax withholding obligations" although those shares were granted to him as compensation.
(1) Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock grants that were previously reported. This sale is to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction.
I agree with you about the odd-ball Mears' 10,000 share conversion- (from 3 and change to 8 and change). It is an outlier as he's the only Insider to have sold shares this year not directly tied to his compensation package as a tax liability issue although it is a puzzler why he exercised his right to the conversion this time of year. He's not the CEO or CFO which would give me pause- but like anyone however, they are entitled to do so- after all, it IS part of their compensation.
Why not I guess? Like you said- Christmas presents?
It's not like he bailed or even sold a significant number of shares. It's a drop in the bucket compared to what he owns. He still possesses 56,000 of those Employee Stock Option shares as well as a bunch of other Non-Qualified Stock Option shares, Incentive Stock Option shares, Stock Option shares, in addition to his own Insider possession of 108,298 shares. All those guys are sitting on a lot of shares.
Theo 
;-)
;-) 
