Already seen today's announcement. It was made @1.56, 2 hours early, and involved the exercise of a range of options :
1)
5.0m @ 2c (XP = $100K, MV @7.1c = $355K, G = $255K)
2)
2.0m @2.2c (XP = $44K, MV = $142K, G = $98K)
3)
1.5m @1.5c (XP = $22.5K, MV = $106.5K, G = $84K)
4)
3.5m @1.2c (XP = $42,000, MV = $248.5K, G = $206.5K)
All MV's and G's were calculated on the basis that each of the executive's converting still hold their shares and otherwise did not sell into the market at or above the current 7.1c share price.
No mention from the announcement though as to when the Options were converted.
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Already seen today's announcement. It was made @1.56, 2 hours...
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