Ann: Change of Director's Interest Notice, page-10

asynck,

"He did not excise all 8m of them but 7m+ of it…."

As the 3Y does not show any of the unlisted options remaining I think you will find that Sam R accessed the company’s cashless conversion facility which allowed him to convert 8m options to 7,004,743 fully paid ordinary shares without making any cash payment. The transaction has effectively cost him 995,257 options (ie 8m – 7,004,743)

“Conversion of unlisted options exercisable at $0.1574 (15.74 cents) per option pursuant to cashless exercise facility in accordance with the approved Employee Incentive Plan Rules.”