How can you do an employee stock option cashless exercise?
I have employee stock options which are managed through Solium, an outside service. I can do a cashless exercise that allows me to convert options to owned shares by selling a limited number of options to use the cash proceeds for the overall exercise. For example, if I have 10,000 options at a $1 strike price and the market price is $5, I only need to sell 200 shares to cover the overall exercise price of $1,000. So I sell 1,000 and hold 9,000 shares. Quicken wont let me enter a transaction like this. Help.
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