if they get $1+ they can do whatever they want IMO MKNOP...
so, are you saying if the company had sold last week and that directors options formed part of the sale (i.e. further dilution for strike upon acquisiton) that this would be considered insider trading. Absurd?
an option to stirke is exactly that. they were issued ages ago, with the intention that the company would sell for a reasonable profit - it has nothing to do with insider trading whatsoever...
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spotlight on mae, 30 june 2009, page-11
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