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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: g_m10 who wrote (5910)6/4/1999 12:54:00 AM
From: g_m10  Read Replies (1) | Respond to of 20297
 
Quite often insiders have to sell the stock not at the best
time just to have money to exercise expiring options. Is
there are way to figure out if it was the case?


Seems to me the answer is in the Filing.
investquest.com
Mr. Kight holds 6,196,877 shares of common stock, options exercisable within 60 days after May 28, 1999 for 626,741 shares of common stock.

Sounds like that after selling of 654,578 shares, he will be buying 626,741 shares from the stock options, which will leave him with approximately same total amount of shares on hands as before the sale.

To buy 626,741 shares, even if it is cheap options, he has to sell something. He will have plenty of dough left after buying his stock options, but there is life after CKFR.

I hope I am not mistaken in my interpretation of the Filing.