TMSR management and Board could mitigate damages by simply announcing and initiating immediate share purchases by said insiders on the open market. Aanderud owns no* shares other than insider, non-shareholder approved/awarded options and repriced ten-year options...
Simply put your money where your mouth is Mr. Aanderud, or, very simply, why should anyone else?
*source: 24 November 1997 Van Kasper Prospectus, page 34, Summary Compensation Table, footnote (3)--Includes replacement options granted upon surrender of options granted in 1995. See "-Repricing of Options."; page 35, Options Grants, footnote (4)--Replacement options granted upon cancellation of options granted in 1995. See "-Repricing of Options."; page 39, Principal And Selling Shareholders, footnote (9)--Includes 94,180 shares subject to options exercisable within 60 days after November 1, 1997. Excludes 60,900 shares subject to options exercisable more than 60 days after November 1, 1997. |
