We are about 20% of the way through the option related buying
Another Form 4 hit the tape today for Okumus related to the exercise of their puts. I went back and checked all the filings and including today's I come up with 276,081 shares exercised out of 1,323,800, or roughly 20%. There is still over a million shares to buy by Friday.
Good point on table 2. It shows no activity. Those purchases might have just been open market, not option related. An insider activity service i use was listing those Okumus purchases at $4 and change so I assumed they were option related ($12.5 strike less the current price of $8 and change), but looking at the fact that open interest hasn't budged and the fact that Okumus share count owned keeps rising (the options were already included in his original filing of 3.3m shares), I would have to conclude that the full weight of the option related buying is still to come. I retract my prior post about 20% being done.