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trade2much

01/29/09 12:25 PM

#305 RE: DeepBlue1 #304

Blue Sky - this S-8 is just an employee incentive plan- most all companies offer such a thing. It is employee carrot, better that then $$$ in cash given in raises, and the .075% the company would have to pay in SSI tax if the company gave them. This way it is a write off and not a cash drain. Same as a potential bonus when exercised and usually given selectively.

I think you may well be getting exciting over ZERO since most companies do the same thing and it is not many shares to start with.


http://www.sec.gov/Archives/edgar/data/1368265/000110465909002870/a08-31207_1s8.htm