Post by
skier59 on Jan 03, 2025 8:06am
Options....
For those who don't know, the absolute best time to exercise your options after they have vested is when the current market price of the common shares is close to the strike price of the options. This also puts money into the company coffers. Normally holders of options will exercise as many as they can afford prior to the SP taking off on a run. Huge difference in tax liability converting 45 cent options when the SP is in the 50 cent range as opposed to when the SP is $1. Capital gains would be in the 10 cent range instead of 50 cents or higher, which is due in that tax year. For your information Andrew Ab currently holds 130,000 common shares and 860,000 options. He is not going to resign no matter what Toppert1 says, besides the fact he only has to take an elevator 5 floors for a BoD meeting.
Comment by
Musicguy1 on Jan 03, 2025 8:14am
There is someone on the board who likes to buy shares when they are available to him lower than the going rate........sell them all make a large profit... creating shareholder value?