Shareholder grumble--
(from Yahoo) 12-Oct-00 MULLINIX, KATHLEEN P Chairman of the Board, President, Director, Chief Executive Officer 87,573 SNAP Acquired Shares via Exercise of Options at $1.76/Share. Paper gain of $420,569 at a fair market value of $6.56/share on 12-Oct-00
Hey Kathy, let me sell you another 15k shares, tell you what, I'll give them to you for what I paid, in the range of $5 to $7. Not as good a deal as what you're used to of course, but I'm sick to death of great PR and the languishing share price. Okay, maybe I made more than you did this year in biotechland (and goodness knows, I didn't actually have to work for it) but SNAP has truly been a stinker. Only you and your staff know if you have earned the 400k, and the rest of your compensation--but the rest of the shareholders get to speak too: Nope, not yet.
Are we both going to sell our shares at this price, $6?
Oh, my wife owns 5000 shares--I'll ask her if she wants to post a nastygram too, heh! |