Date: Sat, 03 Sep 2006
From: Meg
Am I correct that if the stock splits (2:1) after an ISO is
exercised, you must take that in account when selling the stock,
so the grant price would then be one-half of the original grant
price?
Answer
Date: Mon, 11 Sep 2006
Hello Meg,
Yes.
Good luck!
Mike Gray
IRS Circular 230 Disclosure: As required by U.S. Treasury Regulations, you are hereby advised
that any written tax advice contained in this answer was
not written or intended to be used (and cannot be used) by any
taxpayer for the purpose of avoiding penalties that may be
imposed under the U.S. Internal Revenue Code.