Interesting that Herb left 150K to expire but did exercise the remaining 50K. Maybe it's a money thing, who knows? Spending 10K instead of 40K.
He also left these 20 cent options right up until the deadline(June 19) to jump on at least some of his allotment.
Here's the options table that we looked at earlier
Inspiration Mining Corporation (ISM)
|
As of June 24th, 2010 |
Filing Date |
Transaction Date |
Insider Name |
Ownership Type |
Securities |
Nature of transaction |
# or value acquired or disposed of |
Unit Price |
Jun 24/10 |
Jun 18/10 |
Brugh, Herbert M. |
Direct Ownership |
Common Shares |
51 - Exercise of options |
50,000 |
$0.200 |
Jun 24/10 |
Jun 19/10 |
Brugh, Herbert M. |
Direct Ownership |
Options |
52 - Expiration of options |
-150,000 |
|
Jun 24/10 |
Jun 18/10 |
Brugh, Herbert M. |
Direct Ownership |
Options |
51 - Exercise of options |
-50,000 |
|
http://www.canadianinsider.com/coReport/allTransactions.php?ticker=ism