Not sure how it would give them an advantage as we all have the right to excercise these options at the same price: $1.25/share. We would be buying them directly from the company (increasing the float), not on the open market. To the extent any of us do NOT excercise whilst others do, we get diluted. But the choice is ours. If we saw management excercising their options, that would be a powerful sign, in my view.
Please let me know, anyone, if I'm missing something from this?