Arena Pharmaceuticals Inc.
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Re: Large Option Awards To ARNA Insiders 3/19/2012 - A POSITIVE"""If Jack sells his shares at $20 (and I sure hope he gets that chance) then ARNA has to pay $13.5 million for his 750k shares.""" Can you prove this? Thats not how it worked when I was involved with this type thing. I believe what you mean is that Jack has to pay taxes on this $13.5 million profit from a transaction at that price.
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