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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: jim_p who wrote (82442)12/22/2000 1:40:43 PM
From: energyplay  Read Replies (1) of 95453
 
There are different types of options a compnay can grant-

qualified and incentive. One has the tax due when exerecised, the other when sold.

Execs get the ones which have tax due on exercise.
The vast majority of people get the other kind, which has tax due when they sell.

Many execs will have 'collars' on their stock (sell a call and buy a put) or will manage their tax liability.
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