Looking at the latest Change in Director's Interest Notice, even...

Looking at the latest Change in Director's Interest Notice, even before acquiring another 3,000,000 unlisted options, JT Kopcheff held (some or all as incentive freebies no doubt):
- 1,080,000 partly paid shares paid to 1 cent, 59 cents per share unpaid
- 4,200,000 partly paid shares paid to 0.1 cent with 39.9 cents unpaid
- 100,000 partly paid shares paid to 10 cents with $3.40 per share unpaid
- 1,000,000 ordinary fully paid shares

The 60 and 40 cent options are not too unimaginable, but what are the $3.50 options? Is he planning another 10:1 share consolidation, or can something else be read into that? Or do I need new spectacles?