Ahn DUMPED 796,765 Shares ... Remaining Shares After the DUMP: 113,764
He is probably trying to include the freebie options that he awarded himself to potentially, maybe, buy shares in the future. He is not holding those shares. He needs to exercise the options in order to acquire additional holdings.
If you rent a home with the option to buy. You don't own the house until your exercise the option and pay the exercise price.
Ipso facto, Ahn sold 87.5% of his HOLDINGS. His remaining HOLDINGS are 113,764.
You can't count shares that you haven't paid for as holdings.
Based upon information contained in the April 2013 Proxy Materials related to the annual meeting and rolled forward for all 2013 and 2014 activity (to date), when Mark exercised 796,875 options in January 2014, he still had 1,928,235 options remaining, of which the majority still had not vested. Generally, since being elected President, each year’s grants vest in equal amounts quarterly over a four year period.
The exercise of 796,875 options represented 28% of all outstanding options (vested and unvested), as well as 113,764 shares owned directly. I have no information that Mark holds any stock warrants.
Figures lie when liars figure. Keep to the facts!
Yep, you got that right! The green you see now is just a dead cat.....bouncing. Hopeful longs will be washed out in less than 6 months, and will eventually throw in the towel around two bucks.