I am not sure what specifics you want touched on but I'll try. Let me know if you meant something else..
In a nutshell, the CEO, CSO and the 3 board of directors combined received approximately 130MM shares for a job well done. Lanza(CSO) has been selling shares since last may under a pre-arranged selling agreement. Recently he sold more as it appears his restriction is expired. The shares are theirs and once restriction is lifted they have the right to sell just as you and I do.
Caldwell and the 3 Board members received about 100MM shares. They were restricted for one year. They will be able to sell them the first part of February. Once again, they have the right to do so.
Speaking for myself, I felt they handed themselves way to many shares and I am hoping it doesn't take place again this year...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.