Replies to post #54345 on Applied DNA Sciences Inc (APDN)

[Parkmart]

I believe it is a 5 year extension on an expiring option

[mcsharkey]

May be a case of irrational EXHUBERANCE with Bet Jantzen's and Judy Murrah's identical filings. And these go out 5 years down the road. Which ..... Ahhh long time. Recycling exercise of about to expire options.

From a review of Judy's options awards

Judith Murrah, Applied DNA Sciences Inc.'s Chief Information Officer, just received 4,167 options from the company. The strike price of the options received was $8.16, and these expire on dates ranging from December 10, 2018 to December 09, 2023. Murrah now owns at least 4,167 options on the company.
Some additional info was provided as follows:

The two reported transactions involve an amendment of an outstanding option to extend the expiration date of such option from December 10, 2018 to December 09, 2023, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on December 10, 2013 and provided for immediate vesting.

VR
Mike Sharkey