The man had to fork out $1.375 mil to exercise the options before they expired. That's obviously a large some of money for someone of his wealth.
It was the right thing to do.
RAP now has that money in the kitty. TK made his money back and is still holding another 10m shares. He didn't sell more than he had to to cover the cost.
RAP Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
