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Re: exwannabe post# 709415

Wednesday, 07/31/2024 7:21:31 AM

Wednesday, July 31, 2024 7:21:31 AM

Post# of 725612
Yeah, it's not even clear that one employee could sell their employee NSO options to anybody else, even another employee. I agree it probably makes much more sense that he exercised and sold the shares (maybe got the money up front in order to exercise and then transfer the shares privately). At .15 per share profit, he would have netted about $100k in net gain and hence might owe $25k in taxes. He might have to pay estimated tax immediately or part each remaining quarter, or he might even be able to wait until YE (that's allowed if his withholding covered his entire tax liability last year).

We agree that this is a nit given Naveed's total position.
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