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Originally Posted by scratt
/lazy Can someone clarify if these shares were simply sold back to Apple, or whther he actually sold them in the real world? I understand that the tax thing was rubbish, but noone has clarified if the shares were transferred back to Apple, or sold.
/lazy
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Entirely unclear. It's an "F transaction" defined by the SEC as "Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3" The tax issue may or may not be valid - if someone would like to share the US tax position when a
restricted share vests ...... (boy, oh, boy, this is getting anal
)