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re: Company stock @15% market discount
Posted on 8/4/13 at 5:20 pm to LSU999
Posted on 8/4/13 at 5:20 pm to LSU999
Only thing I don't like in your deal is that you have to hold onto it for 2 years. I was in a company stock plan and this wasn't the case. My discount was only 7.5% off of the lowest stock price of both the first and last day of the 6 month period, though.
Posted on 8/4/13 at 8:30 pm to TheIndulger
Do you have to pay taxes on the discount?
Posted on 8/4/13 at 8:30 pm to TheIndulger
Yeah, I don't really like that part either, but at least it's an option for me. I can sell it before the two years , but I will lose the 15% discount. So that would defeat the purpose if I did sell before the 2 yrs.
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