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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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How to fill out shares withheld to cover

01
Make sure you have all the necessary documents and information at hand.
02
Visit the company's website and locate the employee portal or login page.
03
Enter your login credentials to access your account.
04
Navigate to the section related to stock compensation or employee benefits.
05
Locate the option to fill out shares withheld to cover.
06
Enter the number of shares you wish to allocate for withholding.
07
Review the information you entered to ensure accuracy.
08
Click on the submit or save button to complete the process of filling out shares withheld to cover.

Who needs shares withheld to cover?

01
Employees who receive stock compensation or stock options as part of their compensation package.
02
Employees who have the option to use shares to cover taxes or other financial obligations.
03
Employees who want to offset the tax liability associated with their stock compensation.
04
Employees who prefer to use shares they already own rather than cash to cover expenses.

What is Shares withheld to cover the exercise price and for payment of tax liability Form?

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Shares withheld to cover refers to the practice where an employer withholds a portion of an employee's shares to cover tax obligations when stock options are exercised or shares are vested.
Employers who grant stock options or restricted stock units (RSUs) to employees and withhold shares to cover tax liabilities are required to file shares withheld to cover.
To fill out shares withheld to cover, employers must report the number of shares withheld, the fair market value at the time of withholding, and the associated tax liability on tax forms such as Form 3921 or Form 3922.
The purpose of shares withheld to cover is to allow employers to manage and satisfy their tax withholding obligations related to equity compensation without requiring employees to separately remit cash for taxes due.
Information that must be reported includes the name of the employee, the number of shares withheld, the fair market value of the shares at the time of withholding, and details regarding the type of equity compensation granted.
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