EXAS’ CEO, CFO, and CSO received hefty option awards on 2/27/12: http://www.sec.gov/Archives/edgar/data/1124140/000118143112012992/xslF345X03/rrd336499.xml http://www.sec.gov/Archives/edgar/data/1124140/000118143112012990/xslF345X03/rrd336511.xml http://www.sec.gov/Archives/edgar/data/1124140/000118143112012991/xslF345X03/rrd336514.xml I’m not necessarily opposed to these awards, but they seem somewhat generous for a company that isn’t (yet) profitable.