Since all four individuals have not exercised their options, IMO they are in a blackout period. In other words. look for a news release by the end of this week.
Richard's response to my question:
We are not in a position to comment on the reasons why a particular senior mgmt individual decided not to exercise their options. According to AAA’s stock option plan, in the event there was a blackout period(cease trade)that prohibited mgmt from exercising their options, said options would automatically extend 10 days beyond the expiry of the blackout.
I hope this helps.
Cheers,
RICHARD A. KELERTAS, RPF
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