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
- Ann: Appendix 3Y - Guido Arnout
Ah well, that means his effective tax is 49.3% (T + C becomes...
- 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
(20min delay)
|
|||||
Last
8.8¢ |
Change
-0.004(4.35%) |
Mkt cap ! $155.1M |
Open | High | Low | Value | Volume |
9.2¢ | 9.2¢ | 8.8¢ | $107.6K | 1.206M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 498746 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 144893 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 498746 | 0.088 |
4 | 611482 | 0.087 |
7 | 1153534 | 0.086 |
6 | 721359 | 0.085 |
2 | 72603 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 144893 | 2 |
0.091 | 55000 | 2 |
0.092 | 366563 | 4 |
0.094 | 115418 | 3 |
0.095 | 130000 | 2 |
Last trade - 15.46pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
8.8¢ |
  |
Change
-0.004 ( 3.30 %) |
|||
Open | High | Low | Volume | ||
8.9¢ | 9.0¢ | 8.8¢ | 702427 | ||
Last updated 15.49pm 26/04/2024 ? |
Featured News
4DS (ASX) Chart |