Nearly every insider at every company has options above current share price. It's not really a motivating incentive, especially if you're goign to lose your job and your tenure proves you pretty much sucked at it. Thought the payoff is certainly nice :-)
Thanks, good to see, the stock is cheap, and there will be a new deal struck soon..probably with Gore still...they already are in the auto supply industry with SAGE Corp. Now with the melt down, they are probably renegotiating for a 14.00 buyout. Pep boys has 232 stores completely owned off the books along the the corp offices. Commercial prime real estate has been very strong, true book is much closer to the buyout figure than 10.00 p/s that is now the current valuation.