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Re: alphapuppy post# 713820

Saturday, 08/17/2024 9:52:27 AM

Saturday, August 17, 2024 9:52:27 AM

Post# of 715433
The way I understand it he transfers the derivative shares. They can be exercised at 35 cents by his family. By transferring now at this price the tax obligation is nil. His family pays tax when they finally exercise and sell shares.

A smart move because he more than likely is getting more derivative shares.
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