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Re: olddog967 post# 66160

Tuesday, 04/06/2004 10:39:55 PM

Tuesday, April 06, 2004 10:39:55 PM

Post# of 433247
olddog967, Thanks! What is a "tax conditioned plan"? Some of the companies give stocks to their employees at around 15% discount to the market value and the market value is decided as the lowest closing price over a given quarter or period. But employees should determine a predetermined amount to be taken out of their pay checks to participate in such plan. Is the restricted stock grant/purchase similar to this?
Thanks for the information.

-vg_future
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