RE: RE: insider holdingsIt has to be mentioned that the options are set at a much higher price than the current value. I'm not certain of the exact price, however I'm certain you will see the options exercised at a time when these guys will be able to sell the shares. I don't think that will happen for a little while yet.
We are currently trading at levels that are definitely beneath the actual prices in the option agreement. The options will more than likely not be exercised until we are trading at levels which far exceed the current market price and the price they will have to pay for the shares when they acquire them.
Once they acquire the shares, they have to pay the income taxes right away whether they sell the shares or not
The taxes would be the difference between the price they paid for the shares and the price they were worth at the time of acquisition unless of course they decide to defer the options.