RE:New Insider Transaction on SEDI - Options ExercisedThat is good information quakes, it points out that 5/8 insiders hold no meaningful amount of stock! Almost zero! Not much of an endorsement from management.
quakes99 wrote: A new transaction filed on SEDI shows that Frank Estergaard exercised 200,000 options on October 7th at $0.382 to raise his common shares held to 847,500.
Here are the revised Insider Holdings as of October 7th.
| Insider Holdings | | | | |
| as of 07-October-2015 | | | | |
| Insider | Common Shares | Options | Combined | |
| Downey, Gregory John | 10,000 | 645,000 | 655,000 | |
| Charlish, Paul | | 1,195,000 | 1,195,000 | |
| Estergaard, Eyler Frank | 847,500 | 2,185,000 | 3,032,500 | |
| Marsh, William | 9,900 | 2,110,000 | 2,119,900 | |
| McElroy, Ross E | 1,789,834 | 4,353,333 | 6,143,167 | |
| Milewski, Anthony | | 1,325,000 | 1,325,000 | |
| Randhawa, Devinder | 3,968,704 | 4,366,667 | 8,335,371 | |
| Ross, Jeremy | | 540,000 | 540,000 | |
| | 6,625,938 | 16,720,000 | 23,345,938 | Total shares |
| | 1.72% | | 5.54% | |
| | % Issued | | % FD | |
Cheers!