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S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,288.80
(
-0.62%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
85.07
(
0.07%
)
Bitcoin
64,610.33
(
-0.32%
)
Post# of 8307
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linda1

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linda1

Re: marty009 post# 8196

Sunday, 05/29/2016 10:21:36 AM

Sunday, May 29, 2016 10:21:36 AM

Post# of 8307
According to the Formula - set out in
the LTW Prospectus - the Taxes are
deducted first from the Total Award
before the 85 % is calculated.

That is why I do not include the
Tax Gross-Up in my calculation of the
85 % as you do. I use the base
award of $ 419 M to calculate the
85 %.

My estimate is about 18 M of 113 M
LTW Holders did not " opt in ".




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