He didn't want to let them go, so paid his option prices between $9.49 and $13 to acquire and HOLD. Now holds 1,117,330 shares. Given the tax consequences/risks, this is a TREMENDOUS indication of how valuable he believes REGN will eventually be.
Have seen several other officers doing the same thing. Absolutely incredible!!!!!!
Your the clown....You have nothing but a negative attitude everytime you are on this board. Do us all a favor and plant your a#$ somewhere else. Also half the things you say make no sence. Optiontrader008 my a#$.
You're funny. :-) Don't get TOO greedy with that short junior. He PAID for, and HELD the shares. He now owes the tax on the difference between the purchase price and the CURRENT price. THAT MEANS he has taken a HUGE tax risk, unless he KNOWS the price will eventually be higher. Safest thing would have been to same day sale the options, and collect $10 million bucks TODAY, like every other TYPICAL executive does. YOU HAVE TO ASK !!!!! WHY !!!!! would he HOLD. Only one reason, the $10 million is chump change, compared to what he KNOWS the shares will be worth. :-)
P.S. He's NOT the only one. You are standing on VERY dangerous ice. :-)