Ah well, that means his effective tax is 49.3% (T + C becomes A$747,594) and to pay for this he has to sell 4,983,960 shares, so after all this he ends up with only US$158,544 cash + 769,947 additional shares, with a final total of 8m shares. Hardly seems like much of a sell down to me.
He should have progressively exercised the options in smaller amounts over several years to keep the tax level below 37% and moved out of California to Alaska, Tennessee, New Hampshire, Wyoming or Florida. Alternatively, he should have put them in the name of an off-shore vehicle in for example, the Caymen Islands (or even a company incorporated in Australia), and exercised them through that incorporated vehicle, me thinks.
- Forums
- ASX - By Stock
- 4DS
- Ann: Appendix 3Y - Guido Arnout
Ann: Appendix 3Y - Guido Arnout, page-99
-
- There are more pages in this discussion • 132 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 4DS (ASX) to my watchlist
|
|||||
Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $135.7M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 7.7¢ | $326.8K | 4.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 298248 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 106480 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 298248 | 0.077 |
5 | 332907 | 0.076 |
14 | 1172210 | 0.075 |
6 | 314667 | 0.074 |
1 | 500000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 106480 | 2 |
0.081 | 116111 | 2 |
0.082 | 293778 | 3 |
0.083 | 32608 | 1 |
0.084 | 186039 | 4 |
Last trade - 15.55pm 24/06/2024 (20 minute delay) ? |
Featured News
4DS (ASX) Chart |