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ImmunoCellular Therapeutics, Ltd. Message Board

  • nostradomus33 nostradomus33 Mar 14, 2013 12:12 PM Flag

    IMUC Director and Principal Acoounting Officer purchased shares?

    According to for the recent form 4 filed on 3/11 it states that Titus Gary purchased 21,945 shares and 11,342 shares at 2.72pps. Purchased on 3/7/13.

    Also David Fractor (principal accounting officer) purchased 64,000 shares at the pps of 2.72 on 3/7/13. Form 4 filed on 3/11/13.

    Am I reading this correct?

    Sentiment: Buy

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    • i really dont care.

      its not really a lot of shares for these people and ts not really done on a consistent basis. and i think bender sold shares last year. So its nice but its not a big deal.

    • You left one out. James Bender 80,000 shares at the pps of 2.72 per share.

      Actually, they have been awarded options. That is they now own options. In aggregate they have just acquired the option to buy 177,287 shares at the strike price of $2.72 per share. These options are exercisable starting now and in equal monthly allotments over the next four years. They expire in the year 2020.

      Is this good news, yes. Management has skin in the game. They acquired these options as part of their compensation packages. They definitely want the company to grow and prosper. Cool.

      Sentiment: Strong Buy

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