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hey itamp;#39;s scott owen of cruise consulting and today weamp;#39;re answering the question how does a secondary transaction get reported on asc 718 stock option expense now that is a mouthful but itamp;#39;s really really important for founders who are doing secondary sales so the quick answer is a secondary transaction should not impact your asc 718 reporting thatamp;#39;s a negative it should not impact it it potentially can impact your foreign aid going forward the logic there being if thereamp;#39;s a market made in the stock in the common stock thatamp;#39;s far above what the foreign evaluation is people need to take a hard look at the situation and think well hey is that 4na accurate enough is it outdated should we be getting a new foreign a if other people are willing to pay a lot more for that common stock than what the stock option price is determined by the foreign a so but thatamp;#39;s not always the case often times investors who are buying common stock
