Below are all options held by executive officers with an exercise price <=$2/share. (Source: SEC Form DEF14a for the 2007 annual meeting and subsequent Form-4 filings.) Not shown below are options held by directors other than Dr. Cox and options held by Dick Scotland, SVP Regulatory. (these are not included in the DEF14a filing).
Under the change-of-control provisions in the employment contracts between GTC and the executive officers, all options vest immediately in the event of a buyout.
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