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EVP of Kite Pharma, Inc. just cashed-in 30,800 options

David D Chang, EVP of Kite Pharma, Inc., recently cashed-in 30,800 options. The options were exercised at $6.89, while the disposals took place at $80.02 per share, on November 10, 2015. Chang continues to hold 6,904 shares of the company. Chang operates out of Santa Monica, CA. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2015. The price reported in Column 4 is a weighted average price. These shares were...