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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). ? Check this box to indicate that a transaction was made pursuant to a
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The exercise and/or sales refers to the process of exercising stock options or selling stocks, often involving reporting such activities for tax and regulatory purposes.
Individuals who exercise stock options or sell shares of stock, typically employees of a company or investors, are required to file the exercise and/or sales.
To fill out the exercise and/or sales, individuals must complete the appropriate tax forms, providing details about the number of shares exercised or sold, the dates of the transactions, and the proceeds received.
The purpose of the exercise and/or sales is to ensure proper tax reporting, compliance with regulations, and to inform the IRS and other relevant authorities about capital gains or losses.
The information that must be reported includes the dates of exercise or sale, the number of shares involved, the price at which the shares were sold or exercised, and any applicable gains or losses.
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