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robjer

01/20/10 5:02 PM

#281777 RE: JimLur #281774

okay JimLur, just from the most recent form 4 these were options grants that vested--I read that as zero cost basis


from the form 4:

(1) The transaction reported reflects the sale of shares to satisfy tax withholding obligations due upon the vesting of restricted stock units previously granted to the reporting person.

My point was more that there are no buys from insiders since at least July '03.

as a sidelight, given that, how likely is it that these guys are paying anything out to exercise these options, which specifically says "granted" on the form 4.

forest and trees