Breeze: not disputing that he still owns the 2M or 1.5M shares nor am I disputing that he probably will retain the shares from the small option exercise on March 11th. All I'm saying is that it may be a little early to assume he won't sell this small amount of shares. As noted by TWG that it's an odd amount and perhaps he may cash them in for personal reasons ie tax liability or whatever. If, and only if they have been sold, he has 10 days from March 11th to file the transaction on SEDIĀ