On October 2,2016,Miriam Sells 1,000 Shares of Stock at $20

question 101

Short Answer

On October 2,2016,Miriam sells 1,000 shares of stock at $20 per share.Miriam acquired the stock on November 12,2015,when she exercised her option to purchase the shares through her company's incentive stock option plan.The exercise price was $11 per share and the fair market value of the stock at the date of exercise was $14 per share.For 2016,Miriam must report
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Definitions:

Ethical Lapse

A failure to behave in an ethical manner, often resulting in actions that violate moral principles or standards.

Ethical Dilemma

A situation in which a person must choose between two or more actions, each of which is morally compelling in different ways.

Ethical Lapse

A temporary failure to maintain ethical standards, resulting in behavior that is morally wrong or violates company policies.

Transparency

The practice of being open, honest, and straightforward about various aspects of a business or project.