QUOTE(southsider2k5 @ Apr 23, 2007 -> 01:35 PM)
If you really want to know what I think, I would wait until July 1, 2008. On that date, not only does your tax liability drop from your normal bracket to 15% capital gains, but you also don't pay a 15% penalty.
Tax liability would be as follows, assuming you sell at 26.20.
26.20-17.85=8.35 X 30 shares = 250.50
26.20-19.23=6.97 X 21 shares = 146.37
total profit = 396.87, which would be added on as income and taxed accordingly At the 28% bracket you would end up with 111.12 in taxes. If you waited until July 1, 2008, you would only pay 15% in capital gaines taxes, which would be 59.53 in taxes.
For penalities you would actually need to know what the stock was trading at the day you bought it, and subtract the purchase price from that number. The difference is the penalty you would have to pay back to the company for early divestature.
Thanks for the explanation, I think I'll hold onto it.