Issuance of common stock - help needed!

Hey guys,

Having problems reconciling a model and I'm sure I'm missing something obvious, but there's no one around I can ask for help right now.

A company issues X shares in a year. As far as I can tell, they were done through the employee stock purchase program (Y) and the exercise of options (Z). Both are outlined in the 10k.

The problem - I'm missing some numbers and they arent reconciling:

Y + Z != X

What should I be looking for?

Thanks in advance for the help.

2 Comments
 

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