If you look at the Proxy Statement of last April (a new one is coming soon), you will see that these insiders actually hold many more shares and options than listed on the form 4s.
There are 15 "insiders". As of last April they held 3.47 million shares and exercisable options. That's an average of 231,000 shares and exercisable options each. There are not many on this board who own that much.
And, that does not include options that had not yet vested.
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