The prices on Page 10 (I actually see similar but slightly different numbers, the document may have been updated) are weighted-average exercise prices for all o

The prices on Page 10 (I actually see similar but slightly different numbers, the document may have been updated) are weighted-average exercise prices for all outstanding options. Since many of those options would have been issued years ago (presumably with low strike prices) the average option price bears little relationship to the IPO price (which we won't know until the IPO is priced by the underwriters--note the blanks throughout).