One of Naydenov's filings is an amendment to the previous one. The option expiration date was incorrectly put at 2020 instead of 2030.
I am really liking the fact that all of these directors got options right now, because their option strike price is $6.15 per share!
Thinking about it a bit, if you are a director of a company and want to get your option package, you want the strike price as low as possible...but what if there's no time to wait for that moment? What if you need to get issued those options before it's too late? Great news lifts the shares, a buyout offer comes in, etc. You wouldn't care when or what strike price, you just need those 225,000 options NOW! Sure, they vest as follows: "56,250 shares vest on August 31, 2020; the balance vests in equal amounts on November 30, 2020, February 28, 2021 and May 31, 2021" but in the event of a takeover they all become vested immediately.
If the stock were just rising on a pump, those directors wouldn't want their strike price to be $6.15, no way. But they are happy to get the options, even at a $6.15 strike, because they know what is coming down the pike.
The next couple weeks are going to be fun, I think.
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