I don't know anything about share option schemes really but thinking out loud, did you own the shares outright or were they still being held in a fund by your company? If you did get the share allocation at a preferential rate in the first place that was dependant upon you holding them for a fixed period (eg 5 years), you may have lost that discount by cashing them in early. i.e. you have now forfeited that discount and effectively had to pay the market rate prevailing at the time that they were allocated to you. So your profit of $20 per share is reduced because you hadn't qualified for the initial discount by cashing them in early. Other than that, I can't come up with any reason for the missing £500. How's your cold today, Jools? Have you got a headache now? |