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semi_infinite

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semi_infinite

Re: DewDiligence post# 743

Monday, 12/15/2014 12:14:50 PM

Monday, December 15, 2014 12:14:50 PM

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Yes. Option exercises are not included in trading plan. You are typically asked by HR to select a way to cover tax liability between market value and exercise cost. You either pay out of pocket or sell enough the the exercised stock to pay the taxes which is withheld immediately. In this case, he paid cash out of pocket to cover withholdings.
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