TSX:LSG.DB - Post by User
Comment by
borne2runon May 16, 2015 10:24am
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Post# 23735858
RE:RE:RE:insider selling
RE:RE:RE:insider selling rollon, it is important to consider all the facts. When an employee exercises deep in the money options, the CRA levies taxes. So, generally what happens is that the employee sells enough shares so as to pay the taxes. In some cases, an employee will have a very low ACB for their shares and the resulting sale also triggers capital gains. And on top of all that, there is the celebration shopping spree.
Bottom Line - NO BIG DEAL.