My former spouse left his employer with 1800 shares of the company stock or stock options as part of a sign on arrangement. How does one determone what these were worth at the time of his terminationa dn is there a public record somewhere of this?
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My former spouse left his employer with 1800 shares of the company stock or stock options as part of a sign on arrangement. How does one determone what these were worth at the time of his terminationa dn is there a public record somewhere of this?
Hello justice:
One is given stock options at a certain price. It may or may NOT have the price it was on the day the option was issued. But, I'll bet it'll be close.
I don't think there's a public record... But, if the stock is publicly traded, I can look it up. Give me the name of the stock and the date you're interested in. My charts go back 5 years.
excon
November 05 L3
If he got stock options was that a gift to him?
Hello again, justice:
L3 Communications is trading at $89. Five years ago it was trading at $53. Like I said, my charts don't go back farther than 5 years. However, there's a good chance that the stock was trading even lower than $53 in 1995, so if you cashed 'em today, you'll do VERY WELL.
It probably wasn't a gift. Companies don't usually do that. It was most likely in exchange for his services, although he would know more about that than I would.
excon
Hello again, j:
Did a little more research. L3 was trading BELOW $20 in May of '98. I can't seem to go back further than that.
excon
Thank you - he got them in November 2005
Hello again:
I see that now. Don't know how I missed it. Anyway, in November of 05, the stock was trading around $75.
excon
Thank you very much
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