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DewDiligence

01/10/17 4:46 PM

#16348 RE: biopearl #16347

Ganesh (CSO) exercised and held 39.6K options yesterday:

https://www.sec.gov/Archives/edgar/data/1235010/000117911017000844/xslF345X03/edgar.xml

15K of these options were expiring in a few weeks, but the other 24.6K (representing $400K worth of stock at the market price) did not expire until Feb 2018.

An exercise-and-hold transaction is bullish, especially for an officer who ordinarily sells shares under a 10b5-1 plan.