RE:Insider TradingI had to read the news a few times as well, as it seemed strange. However she released the option and turned them back to the company. So that means that they are available for public sale and will generate additional cash for the company. I can't say that I have ever seen this before as they were "in the money".
I have concluded that there must have been some other agreement made with a large shareholder or pending interest not to delute the shares. With that said it is clear to me that news is pending and good news at that.