RE: About time. Nice to see. Management had been in a prolonged restricted period from buying and selling shares due to the divestiture and other non-puplic information related to restructuring. The first window only opened on March 20th post 4Q12 results (now closed again as of April 8th until1Q13 is reported).
Open market purchases, not options, are the single best way to show management's conviction in the company's future.