Guest gcrechale Posted April 7, 1999 Share Posted April 7, 1999 In determining ownership, are shares owned by participants in an ESOP considered? For example, if a company stockholder owns 10% of o/s stock and then is allocated an additional 5% in the ESOP plan, is he considered to own 15%? Do voting rights have any effect on this? Link to comment Share on other sites More sharing options...
Guest Harry O Posted April 7, 1999 Share Posted April 7, 1999 For what purpose are you determining ownership? It makes a difference . . . Link to comment Share on other sites More sharing options...
Guest gcrechale Posted April 7, 1999 Share Posted April 7, 1999 specifically, we are concerned about ownership percentage in determining highly comp and key employees for testing purposes. for determination of controlled group status, would the ownership in the esop be considered? Link to comment Share on other sites More sharing options...
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