Robert Rubin, who is quite wealthy from his Goldman Sachs days, was just on CNBC. He was posed a question on wether he ever sold any of the stock that he recieved while he was at Citi Corp. He responded "no" and then qualified his statement to clarify that he did sell stock to pay the tax on the stock that he recieved.
Let's keep that in mind when our management sells some shares for the same reason. This is quite common and folks shouldn't jump all over management for what is just a smart financial decision.
Just check out the info at the end of each entry. For example one sale in Jan 23, 2012 LANZA ROBERTOfficer 6,658,300 Direct Sale at $0.19 per share. That comes to ***$1,265,077***
One million Two Hundred and Sixty Five Thousand to pay Taxes? LOL Bawwwahahahahahh!!!
STOCK GRANTS, not options. Big difference. Stock options are NOT SHARES, they don't become shares until you exercise your option, which means BUYING them. Big difference. Stock Grants are immediately taxable, at ordinary income tax rates.