Cematrix Corporation V.CVX

Jeff added to his position

[Dunworkin2]

He sold recently to use the cash to exercise some options.
 

2021-09-2317:04   2021-09-22	$CVX	Kendrick, Jeffrey Norman 5 - Senior Officer of Issuer Holder: Lynn Kendrick (Indirect Ownership)	Common Shares 51 - Exercise of options	$24,000  +100,000vol  $0.24each	243,000
2021-09-2317:02   2021-09-22	$CVX	Kendrick, Jeffrey Norman 5 - Senior Officer of Issuer Direct Ownership	Common Shares 51 - Exercise of options	$48,000  +200,000vol  $0.24each	2,762,749
2021-09-2317:00   2021-09-22	$CVX	Kendrick, Jeffrey Norman 5 - Senior Officer of Issuer Holder: Lynn Kendrick (Indirect Ownership)	Options 51 - Exercise of options	$-24,000  -100,000vol  $0.24each	0
2021-09-2316:58   2021-09-22	$CVX	Kendrick, Jeffrey Norman 5 - Senior Officer of Issuer Direct Ownership	Options 51 - Exercise of options	$-48,000  -200,000vol  $0.24each	300,000
2021-09-2316:53   2021-09-20	$CVX	Kendrick, Jeffrey Norman 5 - Senior Officer of Issuer Direct Ownership	Common Shares 10 - Acquisition or disposition in the public market	$-2,200  -5,000 vol $0.44each	2,562,749

[kingscorpion]

You mean the other way around exercised options to add to his position

[Kalsabor]

that's the way i see it, .... something is brewing

[vinmick]

Maybe he sold those shares a week ago to raise the cash to exercise his options.  Maybe?

[Dunworkin2]

Yes, that's what I am thinking

[Dunworkin2]

  I'm speculating that he used the proceeds from this sale to exercise his options. 2021-09-1717:59   2021-09-14 $CVX Kendrick, Jeffrey Norman 5 - Senior Officer of Issuer Direct Ownership Common Shares 10 - Acquisition or disposition in the public market $-480.00  -1,000 vol

[TopStockBuy]

Looks like that to me as well.  Raised $83k and cost him $72K to exercise the 24cent Options.  He better hang on to those shares.