Looks like a few of the insiders are selling, around 2.8 plus. If this is such a great deal, why. I think they also have insider knowledge that would help them make this decision.
Does not bode well for the price, look out below, $2.50 is possible.
I've been in that position, having to sell restricted stock options for tax purposes. It is what it is, and everyone in every company that receives has to face up to the tax bill at vesting time. When all depends on the actual structure of the grants or options, and a lot of variables, but it happens. I would say 9 out of 10 employees or more will sell holdings to relieve the tax liability.
Accounts AND financial advisers all tell you to do so. It's regarded as "found" money and no matter how sure you are that a stock is going up, or how big your take home pay it's regarded as a mistake to use that to pay a tax liability from an RSO plan.
Also, depending on the plan and the subsequent tax treatment, you may see people sell all of the stock at once as soon as possible right after vesting.
If you don't and anything happens to make that stock go down - you may end up paying taxes on income you never actually receive. About the worst possible place you want to be.