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Synaptics Incorporated director just cashed-in 15,000 options

Russell J Knittel, a director of Synaptics Incorporated, recently cashed-in 15,000 options. The options were exercised at $29.38, while the disposals took place at $86.49 per share, on October 08, 2015. Knittel continues to hold 12,906 shares of the company. Knittel operates out of San Jose, CA. Some additional info was provided as follows:

The shares were sold pursuant to a 10b5-1 Trading Plan dated...