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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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How to fill out with tandem net exercise

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Find a partner to work with for the tandem net exercise.
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Position yourselves facing each other with a distance of about 6-8 feet apart.
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Start with simple movements like up and down or side to side, and gradually increase the difficulty by incorporating more complex movements.
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The tandem net exercise refers to a financial strategy where two options or warrants are exercised simultaneously to optimize tax implications and cash flow, typically involving the sale of shares acquired.
Individuals or entities who engage in tandem net exercises involving the sale of securities and options must file, especially if it has tax implications.
To fill out the tandem net exercise, one must report the transaction details on the relevant tax form, providing information on the option exercised, shares sold, and any gain or loss from the transactions.
The purpose of the tandem net exercise is to allow individuals to exercise their stock options while minimizing the financial burden by simultaneously selling an equivalent number of shares to cover costs.
Information such as the number of options exercised, the sale price of shares, the total gain or loss, and any taxes withheld must be reported when filing.
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