UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: Warped6 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77135  
Subject: What to do with stock options Date: 8/24/2007 2:40 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
The company my wife works for is being/has been sold just waiting for all the approvals from various stock holders, federal agencies, etc.

She was told that her stock options would be converted to cash when sale is complete. Or something like that. Anyway, I have almost understood stock options a couple times but just when I think I have it straight, I loose it.

Here are the details:
Stock symbol: EFD
Grant type: NSO
Grant date: 6/26/2000
Expiration date: 6/26/2010
Grant price: $13
Number of options: 404
Value of options: ~ $9,400.00
Current stock price: $36.28

So what can/should we do with this to minimize any tax implications. Roll it over into other stocks? Remodel the kitchen? Set some aside and use the rest to pay off bills? Take a long vacation?

Thanks for any input,
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

An Interesting Read
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.