ChatterBank0 min ago
Share Awards that are tied to emplyment.
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I work for a company that awards free shares to employees every year, these are in effect held in trust for 3 years before you can sell them. Is anyone aware of any companies that would buy them off you (for less than market value obviously) - knowing that even though you sign them over to them they cant do anything with them for 3 years.
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I have something similar. If I leave the company, I get the shares now but pay tax on the profit of selling them. If I wait 3 years I get it tax free.
I've no idea if I'm even permitted to get at them before the 3 years is up while with the company. It'll be such a kak amount that I've not given it any thought.
I've no idea if I'm even permitted to get at them before the 3 years is up while with the company. It'll be such a kak amount that I've not given it any thought.
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