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Technology Stocks : All About Sun Microsystems

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To: Scott Meyer who wrote (51897)9/26/2002 5:48:50 PM
From: cfimx  Read Replies (1) of 64865
 
>>So if XYZ is trading at $10 and they grant Joe Hotshot 1000 options (at $10) they must either have 1000 shares of XYZ to cover the option or they must go buy them at the market price. They pay $10,000 to buy the stock and that $10,000 shows up (should show up) as (gasp!) salary expense.

what about the $10 they get from JH when he buys the stock from the company?
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