Client Alert: Deadline for Notices to Employees Who Purchased Stock in 2016 Through ISOs or ESPPs
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 2017 for corporations that issue stock options. Corporations are required, by January 31, 2017, to notify employees and former employees who exercised an incentive stock option (ISO) in 2016 of certain details of that exercise. Additionally, the same type of notice must be given (also by January 31) to employees who purchased stock at a discount from an employee stock purchase plan (ESPP) in 2016. Deadlines for filing the relevant forms with the IRS are either February 28, 2017 or March 31, 2017 (the latter deadline is available to electronic filers).