This illustration assumes
sufficient shares are sold from the shareholder's account at the time of each withdrawal to provide for the annual withdrawal amount.
Not exact matches
Such amount
is required to
be reported even if Mr. Musk does not actually receive any cash from such exercise or vesting, either because he does not also
sell any
shares or because he
sells only a number of
shares sufficient to cover the related tax liabilities resulting from the exercise or vesting.
It
is important to
be able to have a
sufficient number of outstanding
shares to help ensure that investors can purchase and
sell shares at appropriate times.
Severance of a joint tenancy may
be achieved in one of three ways: 1) unilaterally acting on one's own
share, such as
selling or encumbering it; 2) a mutual agreement between co-owners to sever; or 3) any course of dealing
sufficient to intimate that the interests of all
were mutually treated as constituting a tenancy in common.