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does anyone even read over here anymore?

baby redhead knitter
Hee.

So, SPSS, my old employer of 8.5 years, is being bought by IBM. For 50 dollars a share, cash.

It's very odd. It doesn't help that when I left about 2.5 years ago, I had to exercise my 500 stock options. Which I did, and made about 3k, after taxes.

If I had stayed with the comapny, and exercised those today, I'd have made 15k. Ouch . ON the other hand, I'm much much happier at my new employer.

I do still have 16 shares of SPSS from the employee stock purchase program. So, I'll make 800, before taxes, on that. Most of that stock was bought relatively cheap, I think. I'll have to figure out the cost basis blahblahblah I suppose.

Comments

( 3 comments — Leave a comment )
ijs_koningen
Jul. 29th, 2009 03:34 pm (UTC)
I still read here. Facebook and Twitter are too short for anything thoughtful, and I refuse to read anyone's blog unless it's coming through LJ.

Can you sit on the 16 shares, rather than sell? Figuring out the cost basis won't be fun (though I could help you if you want), but it should be long-term capital gain, so at least you're getting the 15% rate.
platys
Aug. 18th, 2009 05:05 pm (UTC)
I don't think I can just sit on it. But, if I have the option to trade my SPSS stock for IBM, can I do that without paying any capital gains?
ikkeikke
Aug. 4th, 2009 01:37 am (UTC)
I am still here. But I am lame.
( 3 comments — Leave a comment )

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