Jeff Masten's Stock Options and Purchases:
Here is a list of all of Jeff Masten's Stock Purchases, Options and their vesting schedules. Not sure if it has any relevance to the February timeframe.
Also besides the 12,498 shares he purchased through EPP, he would need to exercise his shares soon prior to leaving the company. He clearly has a lot of shares he should exercise in a very short time.
May 31, 2011
156,103 Shares at $2.13
Exercisable 5/26/2012
Twenty-five percent of the options vest on each of the first four anniversaries of the date of grant provided that Mr. Masten is employed by Peregrine on the applicable vesting date.
Feb 21, 2012
Date of Earliest Transaction (2/17/2012)
21750 Shares at $0.95
36250 Shares at $0.95
This option vests quarterly over a two year period.
May 1, 2012
12,498 Employee Purchase at $0.40
Shares acquired under the Peregrine employee stock purchase plan on April 30, 2012.
May 8, 2012
Date of Earliest Transaction (5/4/2012)
150,000 Shares at $0.46
This option vests quarterly over a two year period.
Dec 28, 2012
Date of Earliest Transaction (12/27/2012)
150,000 Shares at $1.18
This option vests in eight (8) equal quarterly installments over a two (2) year period beginning March 27, 2013 and each quarter thereafter until fully-vested.
May 8, 2013
Date of Earliest Transaction (5/06/2013)
100,000 Shares at $1.41
This option vests in eight (8) equal quarterly installments over a two (2) year period beginning August 6, 2013 and each quarter thereafter until fully-vested.