directors interest

I have not posted in a while and I am eagerly waiting on the sidelines for Archer to make waves in the graphite space.

Something that I wanted to discuss however was the change in directors interest notice that came through a week or so ago. It seemed to pass without too much comment but I did notice something that seemed coincidental.

"50,000 Ordinary fully paid shares
5,000,000 unlisted 20 cent options expiring 30 November 2013"

Now does anyone know if this implies that the director realised these options since the SP was fortuitously higher than 20c on this particular date.

I don't know exactly how this works and I am certainly not suggesting that anything dodgey may have happened - I just want to understand this better.

Note: I select stocks on the fundamentals and in this case the bonus of 'blue sky'. I do believe in Archer's management and I have patiently held this stock whilst selling many others over recent months.