ERSM20360 - Employment-related Securities and Options

Exclusions: former and prospective employments

Former employments

If the Chapters below would not apply where the acquisition of the securities or option takes place in the last tax year in which the employment is held, then they do not apply in the case of a former employment.

• Chapter 2 restricted securities
• Chapter 3 convertible securities
• Chapter 4 post-acquisition benefits from securities
• Chapter 5 securities options

Prospective employments

If the Chapters below would not apply where the acquisition of the securities or option takes place in the first tax year in which the employment is held, then they do not apply in the case of a prospective employment.

• Chapter 2 restricted securities
• Chapter 3 convertible securities
• Chapter 4 post-acquisition benefits from securities
• Chapter 5 securities options