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Kite Pharma, Inc.'s COO and CFO just cashed-in 10,000 options

Cynthia M Butitta, Kite Pharma, Inc.'s COO and CFO, recently cashed-in 10,000 options. The options were exercised at $1.35, while the disposals took place between $69.53 and $71.01 per share, on October 27, 2015. Butitta continues to hold 75,507 shares of the company. Butitta 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 27, 2015. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.88 to $69.86, inclusive. The reporting...