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EVP of Exelixis just cashed-in 300,876 options

Peter Lamb, EVP of Exelixis, recently cashed-in 300,876 options. The options were exercised at $5.63, while the disposals took place between $5.80 and $5.84 per share, on dates ranging from October 12 to October 13, 2015. Lamb continues to hold 50,951 shares of the company. Lamb operates out of South San Francisco, CA. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.00, inclusive. The reporting...