Transcription of Tax Withholding in Company Stock Plans - Fidelity …
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Tax Withholding in Company Stock Plans - Fidelity …
Stock PlanServicesTax Withholding in Company Stock PlansNet Shares, Sell to Cover, CashTax Withholding :3 Number of shares withheld to meet tax withholdingobligation$550 Tax Withholding :3 Number of shares sold tomeet tax Withholding *$550 Tax Withholding :3 Tax Withholding is paid in cash by debiting theemployee s$550($550 $10):55($550 $10):55 FidelityAccount :$550 Number of shares deposited in the employee s FidelityAccount (250 55):195 Number of shares deposited in the employee s FidelityAccount (250 55):195 Number of shares deposited in the employee s FidelityAccount (250 0):250 Dollar value of sharesdeposited in the employee s Fidelity Account (195 x $10):$1,950 Dollar value of sharesdeposited in the employee s Fidelity Account (195 x $10):$1,950 Dollar value of sharesdeposited in the employee s Fidelity Account (250 x $10):$2,500 NET SHARESYour employer withholds shares to pay your in your Fidelity Account is used to pay your TO COVERS hares are sold to pay your taxes and any commissions net share Withholding is used, 55 shares are withheld for taxes.
NetBenefits and the Fidelity Investments and pyramid design logo are registered service marks of FMR LLC. Fidelity Stock Plan Services, LLC, provides recordkeeping and/or administrative services to your company's equity compensation p lan, in addition to any services provided directly to the plan by your company or its
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