|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
This excerpt taken from the MRVL 10-K filed Jul 2, 2007. Unexercised options. The IRS has provided taxpayers with the
following two ways of correcting unexercised discounted stock options: 1)
setting a fixed exercise date; or 2) increasing the exercise price of the
option up to the fair market price on the date of grant. The Company is
actively evaluating these options. The discount associated with unexercised
stock options outstanding as of January 27, 2007 amounted to $51.7
million. We have not determined the tax consequences associated with these
potential future remedies.
|
| |||||||