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jaybiscuit

09/30/21 1:37 PM

#217413 RE: Boilingman #217412

Exactly right. It looks to me like this was all set up for that exact reason. Who rewards employees for resigning? Who lets employees resign for a date specified in the future? Everything points to a large sale.

chipboarder

09/30/21 4:18 PM

#217425 RE: Boilingman #217412

Do you really think that “if the stars align” and the stock jumps to $1 that these guys are going to exercise their options and miss the move to $5 potentially…..don’t think so….perhaps exercise a small portion but I don’t think they will run out to cash in.

Let’s do some math….1 million shares….cost to purchase 100k….tax due on $900k gain is $350k… net out of deal is $550k. Even at this quantity, I would be spreading the gain over several years to minimize the tax.