Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: dhellman who wrote (41032)	5/24/2001 11:20:06 AM
From: Petz	Respond to of 275872

Sanders did not need to sell shares to exercise to get 2,950,000 shares. The phrase options exercisable within 60 days to acquire 2,950,000 shares means that he MAY exercise, but is not required to exercise, within 60 days. It doesn't indicate how many options are expiring and MUST be exercised. That means that Sanders only owned 235,000 shares outright. He sold 400,000? It's obvious he exercised some of the options before the 400,000 (do I remember right?) share sale. If he exercised 400,000 shares and kept his holdings flat (we'll find out soon), I won't be impressed at all. Petz