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SPECIAL ISSUE1557Kenya Gazette Supplement No. 10330th June 2017(Legislative Supplement No. 48)
LEGAL NOTICE NO. 103
THE COMPANIES ACT
(No. 17 of 2015)
IN EXERCISE of the powers conferred by section
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What is in exercise of form?
In exercise of form is a document used to report details of a company's exercise of stock options or other equity-based compensation.
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Employees or individuals who have exercised stock options or received other types of equity-based compensation from a company are required to file in exercise of form.
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To fill out an exercise of form, individuals need to provide information such as the date of exercise, number of shares exercised, exercise price, fair market value of the shares, and any taxes withheld.
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The purpose of an exercise of form is to report the details of stock option exercises or other equity-based compensation to the relevant tax authorities.
What information must be reported on in exercise of form?
Information such as the date of exercise, number of shares exercised, exercise price, fair market value of the shares, and any taxes withheld must be reported on an exercise of form.
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