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To: Sarmad Y. Hermiz who wrote (220217)12/13/2006 9:57:55 AM
From: BiomavenRespond to of 275872
 
>Exercise, then hold, without selling any part of the exercise ?

Normally the employee would sell (or the company would withhold shares, which is economically equivalent from the employee's perspective) enough shares to cover the exercise price plus taxes - a so-called "sell-to-cover."

Yes, it is a bullish signal when it happens.

Peter


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