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Nektar Therapeutics's SVP & General Counsel just cashed-in 45,000 options

Gil M Labrucherie, Nektar Therapeutics's SVP & General Counsel, recently cashed-in 45,000 options. The options were exercised at prices ranging between $6.46 and $6.98, while the disposals took place at $10.99 per share, on October 06, 2015. Labrucherie continues to hold 4,751 shares of the company. Labrucherie operates out of San Francisco, CA. Some additional info was provided as follows:

This transaction was made pursuant to a Rule 10b5-1 trading plan for stock options scheduled to expire...