Subject:   After vestment
Date:   Wed, 6 Dec 2000
From:   Ron

Dear Michael,

If I hold NQSO’s for 2 years after vestment will that change the income status from “ordinary” income to long term capital gains?

Thanks,
Ron

Answer

Date:   12 Feb 2001

Hello Ron,

I’m sorry, holding NQSOs for two years after vesting will not change the income status to capital gains.

Good luck!

Mike Gray

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