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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 satisfy

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How to fill out shares withheld to satisfy

01
Determine how many shares need to be withheld to satisfy the requirement. This information is usually provided by your employer or the company administering the shares.
02
Fill out the required forms or documents provided by your employer or the company administering the shares. These forms may ask for your personal information, the number of shares to be withheld, and any applicable taxes or fees.
03
Provide any necessary payment for taxes or fees associated with the shares withheld. This can typically be done through your employer or the company administering the shares.
04
Submit the completed forms and payment to your employer or the company administering the shares. Make sure to follow any specific instructions or deadlines provided.
05
Keep copies of all documentation for your records. This includes the completed forms, proof of payment, and any correspondence with your employer or the company administering the shares.

Who needs shares withheld to satisfy?

01
Shares withheld to satisfy are typically needed by employees who participate in stock-based compensation plans, such as employee stock purchase plans or stock options.
02
These plans may require a certain number of shares to be withheld to cover taxes, fees, or other financial obligations associated with the acquisition or exercise of the shares.
03
Employers may also require shares to be withheld to satisfy certain requirements or to comply with legal or regulatory obligations.

What is Shares withheld to satisfy tax liability upon vesting of restricted stock units on February 16, 2023 Form?

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Shares withheld to satisfy refers to the practice of a company withholding shares from an individual's stock-based compensation to cover tax obligations on that income.
Individuals who receive stock-based compensation, such as restricted stock units or stock options, and need to report the shares withheld to satisfy tax liabilities are required to file this information.
To fill out shares withheld to satisfy, individuals typically need to report the number of shares withheld, the fair market value of the shares at the time of withholding, and any applicable tax information on their tax forms or with their employer.
The purpose of shares withheld to satisfy is to ensure that individuals meet their tax obligations without having to pay cash, as the withheld shares are used to cover federal, state, and local taxes owed on stock compensation.
Information that must be reported includes the number of shares withheld, the fair market value of the shares at the time of withholding, and any tax withholding amounts related to the compensation.
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