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Old 19th Mar 2007, 10:23 AM
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Default What are the possibilities of being able to sell my...

...restricted shares based on hardship? They told me that I have to write a letter to a certain department in the company that I'm employed so see if they may allow me to sell my restricted shares. I dont know if they will accept tuition as a reason.
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Old 19th Mar 2007, 10:23 AM
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Future tuition payments are not a hardship, from a legal perspective. However, back payments might be. As well, education may be considered a "worthwhile expense" and therefore may be accepted (even if not a hardship).Keep in mind that there's a reason that the shares are restricted. If they let anyone who "needed" money sell the shares, that pretty much invalidates the restriction.That said, write your letter. The worst that can happen is that they'll say "no."
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