mschere, as of April 5, 2002 All directors and officers as a group (15 persons) held 3,470,517 shares (or 6.6% of total outstanding) including shares which may be acquired through the exercise of options or warrants which were exercisable as of April 5, 2002, or will become exercisable within 60 days of such date.
Source: page 20 of the 2002 Proxy Statement
Note that the total does not include unvested options (beyond 60 days).
3,470,517 / 15 = 231,000 average insider holding (not including unvested options).
We will get an update of insider holdings next month.
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