GTC Biotherapeutics (fka GTCB)

[DewDiligence]

Exercise Prices of Executive Options

Below are all options held by executive officers
according to Form DEF14a for the 2007 annual
meeting and subsequent Form-4 filings. To compute
the diluted share count for valuation purposes
(#msg-27519023), I include only options exercisable
at <=$3 Not shown below are options held by GTC’s
non-executive directors and options held by Dick
Scotland, SVP Regulatory Affairs (because these
were not contained in Form DEF14a); however, the
total options held by these individuals are shown in
#msg-28111868.

 
 Geoffrey Cox, CEO           75K @0.63 
                             90K @1.03 
                             88K @1.04 
                             22K @1.18 
                            125K @1.45 
                             75K @1.71 
                             15K @1.89 
                              1K @2.25 
                            125K @3.80 
                             75K @3.96 
                            285K @8.00 
                             15K @8.81 
                            ==== 
                            991K 
   
   
 John Green, CFO             25K @0.63 
                             35K @1.03 
                             23K @1.04 
                             22K @1.18 
                             50K @1.45 
                             39K @1.71 
                              1K @2.25 
                             50K @3.80 
                             25K @3.96 
                             26K @4.56 
                             35K @5.03 
                             25K @7.38 
                             25K @9.13 
                             33K@17.31 
                            ==== 
                            414K 
   
   
 Harry Meade, SVP Research   25K @0.63 
                             50K @1.03 
                             45K @1.04 
                             45K @1.45 
                             39K @1.71 
                              1K @2.25 
                             50K @3.80 
                             25K @3.96 
                             21K @4.56 
                             20K @5.03 
                              5K @7.38 
                             24K @9.13 
                             33K@17.31 
                            ==== 
                            383K 
   
   
 Greg Liposky, SVP Oprtns    25K @0.63 
                             50K @1.03 
                             45K @1.04 
                             45K @1.45 
                             55K @1.71 
                              1K @2.25 
                             50K @3.80 
                             35K @3.96 
                             25K @5.03 
                             12K @6.13 
                             13K@17.31 
                             13K@31.06 
                            ==== 
                            371K 
   
   
 Dan Woloshen, Gen. Counsel  35K @0.63 
                             25K @1.03 
                             35K @1.04 
                             45K @1.45 
                             27K @1.71 
                              1K @2.25 
                             35K @3.80 
                             25K @3.96 
                             18K @5.03 
                             15K @5.56 
                             13K@17.31 
                             13K@31.06 
                            ==== 
                            287K