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Anacor Pharmaceuticals director just picked up 89,000 shares

William Jl Rieflin, a director of Anacor Pharmaceuticals, recently acquired 89,000 shares of the company. The buys took place at prices ranging from $5.11 to $14.22 per share, on March 31, 2016. Rieflin now owns 89,853 shares of the company. Rieflin operates out of Palo Alto, CA. Some additional info was provided as follows:

Represents a "cash exercise" of stock options pursuant to which the reporting person paid to the Issuer the...