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Financial Planning / Tax Strategies


Subject:  Re: Nonqualified option Date:  4/3/1999  3:32 PM
Author:  mathetes Number:  13551 of 124284

I excerised nonqulifid options in 98. Two different option(different option prices) dates 96 & 97. Excercised options and sold stock on the same day. The excercise was handled as a cashless excrecise through securities comp. I recieved ck. from my employer less taxes. I have a letter from my employer showing the price stock was sold for, amount of taxable income to me, tax withheld, and amount of ck. to my employer for the stock purchase price and tax withholding less brokerage co