@HOME IPO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : @HOME IPO

ATHM 24.34

-3.4%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sea_biscuit who wrote (86)	5/29/1997 9:45:00 AM
From: nelli	of 383

The company I used to work for was involved in an IPO. I believe the general SEC rule is 90 days following IPO and the company can choose to add on another 90. (which our company did, and many companies choose to do) The holding period was clearly stated on the back of the stock certificates we received after we exercised our options. The one year period I believe applies to holders of restricted stock options, generally directors and CEO's and others who have much bigger stakes in the company than regular employees. It used to be two years but the SEC changed that to one year earlier this year. Insiders who have big stakes (and their name appear in the prospectus as "important" employees) have to file a form 144 when they register to sell their stock. The little fish don't. Also you have to consider capital gains. If you hold longer than one year after the date you exercise, you will have less taxes to pay. (especially in light of this new up and coming budget deal) I don't have any links for you but you can always check out SEC.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next