My swag is that SK has between 6-800K options at various strikes. That is not a large option position for a 10 year Pres and is roughly commensurate with his business acumen and promotional acumen which is low. He appears to be stronger in clinical knowlege and scientific liason.
For all your complaining I am surprised that you do not have an accurate count about that which you complain.
I hope he does very well on his option position and exercises every higher strike price and I think you really ought to concern yourself with the science IMO and stop worrying about this issue. This issue is inconsequential compared to the scientific risk and upside IMO.
Jake, What if they sold 30% at .10 on the dollar and we wind up making $100s per dollar on the remaining 70%. Could this be the plan? I think so! Atonewith PPHM