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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
To fill out shares withheld to satisfy, follow these steps:
02
Determine the number of shares that need to be withheld.
03
Calculate the value of the shares that need to be withheld.
04
Ensure you have enough shares in your possession to cover the withholding requirement.
05
Complete the necessary paperwork or online form provided by your employer.
06
Specify the number of shares to be withheld and provide any additional requested information.
07
Submit the completed form to your employer for processing.
08
Keep a copy of the form for your records.

Who needs shares withheld to satisfy?

01
Shares withheld to satisfy may be needed by employees who are required to pay taxes or other obligations on certain types of compensation, such as stock-based compensation.
02
Typically, employees who receive stock options, restricted stock units, or other forms of equity compensation may need to have shares withheld to satisfy their tax obligations.
03
This may also apply to employees who sell their shares during a restricted period or employees who have been granted stock as part of a bonus or incentive program.

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

The Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 16, 2023 is a Word document that should be submitted to the required address to provide specific information. It has to be completed and signed, which may be done manually, or by using a particular software e. g. PDFfiller. This tool lets you complete any PDF or Word document directly in your browser, customize it according to your purposes and put a legally-binding electronic signature. Right away after completion, the user can easily send the Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 16, 2023 to the appropriate person, or multiple ones via email or fax. The blank is printable as well thanks to PDFfiller feature and options proposed for printing out adjustment. In both digital and in hard copy, your form will have got neat and professional appearance. It's also possible to turn it into a template to use later, there's no need to create a new blank form from the beginning. All that needed is to amend the ready document.

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Shares withheld to satisfy refers to the process where an employer withholds a portion of an employee's stock or shares to cover withholding tax obligations related to equity compensation or the exercise of stock options.
Employers or plan administrators who withhold shares to satisfy tax obligations when employees exercise stock options or receive restricted stock are required to file shares withheld to satisfy.
To fill out shares withheld to satisfy, employers need to complete the appropriate tax forms, generally including the details of the shares withheld, the fair market value at the time of withholding, and the related tax obligations.
The purpose of shares withheld to satisfy is to ensure that the necessary taxes are paid on income derived from equity compensation while providing a simplified way of handling tax liability for both employers and employees.
The information that must be reported includes the number of shares withheld, the fair market value of those shares, the employee's identification information, and the tax amount withheld.
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