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DIS » Topics » Tax Treatment of Awards to Non-Employee Directors and to Employees Outside the United States

This excerpt taken from the DIS DEF 14A filed Jan 6, 2005.

Tax Treatment of Awards to Non-Employee Directors and to Employees Outside the United States

 

The grant and exercise of options and awards under the 2005 Plan to non-employee Directors and to employees outside the United States may be taxed on a different basis.

 

On January 3, 2005, the closing price of our common stock traded on the New York Stock Exchange was $27.85 per share.

 

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