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    justiceseeker's Avatar
    justiceseeker Posts: 9, Reputation: 1
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    #1

    Oct 9, 2008, 08:09 AM
    stock options -their postential value, is there public record
    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?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Oct 9, 2008, 08:49 AM
    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
    justiceseeker's Avatar
    justiceseeker Posts: 9, Reputation: 1
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    #3

    Oct 9, 2008, 10:02 AM

    November 05 L3

    If he got stock options was that a gift to him?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #4

    Oct 9, 2008, 10:15 AM
    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
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    excon Posts: 21,482, Reputation: 2992
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    #5

    Oct 9, 2008, 10:23 AM
    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
    justiceseeker's Avatar
    justiceseeker Posts: 9, Reputation: 1
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    #6

    Oct 9, 2008, 11:24 AM

    Thank you - he got them in November 2005
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #7

    Oct 9, 2008, 03:28 PM
    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
    justiceseeker's Avatar
    justiceseeker Posts: 9, Reputation: 1
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    #8

    Oct 9, 2008, 03:52 PM

    Thank you very much
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