Question
Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does
Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does he now own, and what is his basis per share? Grant price of the stock over the fair market value at the time of vesting is shown as a "V" in box 12. Grant price of the stock over the exercise price at the time of vesting is shown as a "V" in box 12. Fair market value of the stock over the exercise price at the time of exercise is shown as a "V" in box 12. Grant price of the stock over the exercise price at the time of exercise is shown as a "V" in box 12.
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