director sells options at discount ??, page-3

I would imagine the options sold by Burns would be 'employee' options so someone else will likely need to file the same notice ... maybe Ted ??
Anyway , why such a discount ?? I would have thought a premium of at least $1.50/option would be fair with 2.5 years to run ?? Instead he sells at 64c premium ...
or why not convert them to FPO's and sell on market ?
That would have yielded Burns an extra $126k !!
Some-one got a bargain ....

Perhaps he's related to that dip-stick off MASH ? LOL

SALTY