Kansas Proposal to approve restricted stock plan

State:
Multi-State
Control #:
US-CC-20-168-NE
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Proposal to Approve Restricted Stock Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

An ESPP is a program in which employees can purchase company stock at a discounted price. Employees contribute through payroll deductions, which build until the purchase date. 1. The discount can be as much as 15% in some cases. Employee Stock Purchase Plan (ESPP): What It Is and How It Works investopedia.com ? terms ? espp investopedia.com ? terms ? espp

Your employer is not required to withhold Social Security (FICA) taxes when you exercise the option to purchase the stock. Also, your employer is not required to withhold income tax when you dispose of the stock. But you still owe some income tax on any gain resulting from the sale of the stock.

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Kansas Proposal to approve restricted stock plan