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Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: OT. stock option facts

OT. stock option facts

posted on Jul 09, 2006 08:21PM
There was a discussion here sometime ago about Pohl and others options.

Found this information on options with regard to UNH.

VIOLATION LURKING?

But even if the board approved the timing of McGuire`s options, that would not absolve him or UnitedHealth`s directors entirely. While backdating itself isn`t illegal, it must be disclosed to shareholders and accounted for properly. Options that have a strike price equal to the share price on the day they`re granted are tax-deductible for the issuing company; backdated options aren`t, according to a tax law enacted in 1993.

http://yahoo.businessweek.com/magazine/content/06_28/b3992075.htm

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