Perhaps you missed this? They're not really out of the money options anymore. If you consider that they may have known that there was likely positive USPTO action pending, it would lead to an interesting question.

All that said, I applaud them for exercising the options. It would say a heck of a lot more if they would institute a plan to buy shares on the open market and make a statement with their actions that has thus far been SORELY missing. Not to mention, it would FINALLY bring some credibilty to what they spout.