Donate SIGN UP

Share Awards that are tied to emplyment.

Avatar Image
sm_norwich | 22:55 Sat 04th Jun 2005 | Business & Finance
1 Answers
I work for a company that awards free shares to employees every year, these are in effect held in trust for 3 years before you can sell them.  Is anyone aware of any companies that would buy them off you (for less than market value obviously) - knowing that even though you sign them over to them they cant do anything with them for 3 years.
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by sm_norwich. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
I have something similar. If I leave the company, I get the shares now but pay tax on the profit of selling them. If I wait 3 years I get it tax free.
I've no idea if I'm even permitted to get at them before the 3 years is up while with the company. It'll be such a kak amount that I've not given it any thought.

Only 1 answerrss feed

Do you know the answer?

Share Awards that are tied to emplyment.

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.