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scotty3371

07/08/20 6:12 PM

#294140 RE: Horseb4CarT #294135

Why is it bullish? Because you deem it to be?

TheFollower

07/08/20 10:08 PM

#294156 RE: Horseb4CarT #294135

I pretty much agree with you and still believe that the options were granted on the stipulation that they reach Data Lock.

I reread the SEC Form 4 for Boynton’s 3 options grants filed July 2, 2020 and the footnotes all stated that the options had been grantable previously but were granted NOW.

So imho that implies a reason for granting the options now.

Logically, if the company (BOD) expected the nwbo stock price to go down from current levels there would be no point to doing the grants now.

OTOH if share price is expected to have a good probability of making a significant move and/or potential change of control also occurring then granting the options now establishes the exercise price in relation to the recent low share prices and sets up a maximum gain.

Also imho the options appear to be fully vested, which might imply certain milestone(s) for the accelerated vesting were deemed by the BOD to be met or some other rationale that the BOD based an accelerated vesting on.

IMHO the above is bullish as opposed to bulls__t !

biosectinvestor

07/08/20 10:11 PM

#294157 RE: Horseb4CarT #294135

Yes, usually those are only released on the team reaching key milestones. Seems like someone made a judgement that key milestones have been met.

exwannabe

07/09/20 5:09 AM

#294171 RE: Horseb4CarT #294135

The 2018 options vested over 24 months. That 24 months is up, so now fully vested. The form 4 for those even says for 2 years of service. True for all four execs.

The 2020 options were from earlier year this. You will only see the vested portion, that is why the numbers are so small.

The only "milestone" is two years of service for the '18s. Nothing at all special about the timing.