Tuesday, December 15, 2015
The Wyrick Robbins Employee Benefits and Executive Compensation group has issued a Client Alert (link above) offering a reminder of tax-related deadlines in early 2016 for corporations that issue stock options. Corporations are required, by February 1, 2016, to notify employees and former employees who exercised an incentive stock option (ISO) in 2015 of certain details of that exercise. Additionally, the same type of notice must be given (also by February 1) to employees who purchased stock at a discount from an employee stock purchase plan (ESPP) in 2015. Deadlines for filing the relevant forms with the IRS are either February 29, 2016 or March 31, 2016 (the latter deadline is available to electronic filers).