100k options at $5.88 that were set to expire on 7/12/13 from 3 years prior.
06/12/2013 M 100,000 A $ 5.88 2,440,774 (1)
No offsetting sale which means he reached in his pocked for the $588k. Kind of like me or you reaching in our pocket for a $20 !
This is mildly bullish because he owes taxes on the gain of roughly 75-95 cents or whatever the price was at the time.(I think)