BioStem Technologies' CEO and COO Invest $1 Million in Cash Through Exercise of Stock Options
BioStem Technologies announced that Chair and CEO Jason Matuszewski and COO Andrew Van Vurst each exercised options to buy 250,000 shares at $2.00 per share. The 500,000 shares had an aggregate purchase price of approximately $1 million.
Why it matters — The announcement reports that two senior executives invested cash to exercise options and acquire BioStem shares.