Yorkey I only get cranky when they get the timing right as...

Yorkey I only get cranky when they get the timing right as happened with PXS lol.

My guess is that he was caught between a rock and a hard place in that given the options granted and him deciding to pay tax up front he had no other choice but to get the cash together asap. There are two options regarding company options last I checked, with options being granted you can pay the tax up front (which is a good idea if you think the SP will continue to appreciate) or pay it when you excise them, which may mean you end up paying a whole lot more tax if the SP rises substantially. Deciding to pay the tax upfront if that's what's happened means he has confidence the SP will continue to rise over the long run. I'm no accountant and only guessing at the reason though, so maybe ask the question and see what he says. Probably a better question though for a private call imo, given it's a personal one.