Business, 28.11.2019 03:31 kenzielema12

On january 1, year 1, dave received 1,000 shares of restricted stock from his employer, rrk corporation. on that date, the stock price was $7 per share. dave’s restricted shares will vest at the end of year 2. he intends to hold the shares until the end of year 4 when he intends to sell them to fund the purchase of a new home. dave predicts the share price of rrk will be $30 per share when his shares vest and will be $40 per share when he sells them. (leave no answer blank. enter zero if applicable. input all amounts as positive values.) problem 12-33 part b b. if dave’s stock price predictions are correct, what are the tax consequences of these transactions to rrk?

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