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User Info On This Tax Day....; entered at 2018-04-15 11:05:53
Tickerguy
Posts: 152486
Registered: 2007-06-26
Quote:
So basically, his company wrote off his grants as a full expense although their 'cost' of his grant was essentially zero (Treasury shares)?

Yep.

The "money" was effectively stolen from the shareholders; it cost the company nothing, but they get to write it off -- not the shareholders from which the money (value) was actually taken.
2018-04-15 11:05:53