Yeah its pretty obvious where the dumping is coming from. Whoever is exercising is then dumping. I cross-checked and its whoever received the options expiring on 31st August 2017. There's still another 3.6mill or so of them. There's really only one reason to pay out money to exercise shares that don't lapse for another year or more, and that's to then sell them.
Broker Data, page-135
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