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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: DiViT who wrote (50676)	7/24/2002 9:03:29 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

Pay the taxes when you get the benefit. If they're not vested, then you don't have them. Companies could perhaps include some cash at the same time the options were granted if the employees' taxes became a cashflow burden to them. People closer to the problem than am I can suggest improvements on the basic scheme to handle the pathological situations that can arise (e.g. perhaps allow renouncing to charity a fraction of the options granted in return for tax forgiveness on the rest; cleverer minds than mine can undoubtedly come up with something). I don't claim to have all the t's crossed and the i's dotted at this point. JMHO. Charles Tutt (SM)