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ByloCellhi

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ByloCellhi

Re: SirFelix post# 21635

Saturday, 08/25/2007 7:07:19 PM

Saturday, August 25, 2007 7:07:19 PM

Post# of 53787
SF

An employee does not "buy" them

For example say an employee is granted shares at $10/share and then stock is at $15/share. The employee exercises the option at $15 no cash exchange then employee gets taxed on the $5 gain.

Note no cash transaction IF the option price is $.04 then that is good for the shareholders in this case.

Nornally option are LESS than the market value at time of issue.

Red Sox win again!

These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company

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