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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > re Ms Pettie
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Post by pezimhowe on Feb 03, 2015 7:12pm

re Ms Pettie

now we are getting somewhere, but i hoped kherson would respond.

how did Ms pettie get the shares she sold?  and which treasury got a much needed injection of liquidity?

pezimhowe; What I find puzzling is that on the face of it Ms. Pettie netted $5,313 on the transactions.

 
All I know about the taxation of Employee Stock Options and Rights is that it is complicated.
 
I suspect that there was probably a Tax Strategy at play… Whatever Ms. Pettie’s reasons were for the transactions they are none of our business.
 
I fail to see any reason for anybody to get their “knickers in a knot”!
Read more at https://www.stockhouse.com/companies/bullboard/t.cus/canexus-corporation#vBEply5xgZ4oJ4fQ.99
Comment by BlueCollar51 on Feb 03, 2015 9:51pm
pezimhowe; You asked;   “how did Ms pettie get the shares she sold?  and which treasury got a much needed injection of liquidity?” The shares came from the treasury. On p.18 of the 2014 Q3 financial report the number of options and bonus shares outstanding and how many of them were vested is stated.   On p. 14 of the 2014 Q3 financials it is stated “Proceeds from the Exercise of ...more  
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