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Post# of 26138
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OptionsBoy

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OptionsBoy

Re: LDC post# 6230

Friday, 01/27/2012 10:10:11 PM

Friday, January 27, 2012 10:10:11 PM

Post# of 26138
He has the right to buy @.68 until 1/24/2012. 1/4 of the shares vests on Jan 2013, Jan 2014, Jan 2015, Jan 2016 respectively.

Summary - Simes can buy up to 800,000 shares at that price until a year from now... He can't begin to sell any and only 200k per year starting 2013.

Smart ownership.. They know the stock price is going to be a lot higher, good idea to lock things in at these levels. Good sign for investors as well.
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