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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.06400.0%Nov 7 3:22 PM EST

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To: Mark Buczynski who wrote (12754)3/27/2014 10:25:43 AM
From: Sam1832   of 13111
 
Of the three who decided to exercise their options and buy stock, only Wachter did so prior to the expiration date, which is usually a very good sign. If you look closely at the filings for Culpepper and Scott, however, they only decided to exercise on the last possible date (02/26/14) before the options expired, which doesn't mean all that much. They were in a "use them or lose them" situation. Here are links to the Form 4's:

sec.gov

sec.gov

Thus, Wachter's action is a positive, while Culpepper's and Scott's were neutral/expected. Given that the latter two were granted these options exactly 10 years prior, it looks like they were part of a company grant program back then. I'm guessing Dees was also granted options on that date, so why didn't Craig also exercise his options?
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