Type PLR Subject 20.01 - Stock Options 6.01 - Distributions - Generally Keywords Distributions Stock Option Plans Generally Year 2009 IRS Link http://www.irs.gov/pub/irs-wd/0925029.pdf Summary REIT adjusts ISOs following sub's liquidation; adjustment is pursuant to "corporate transaction" under section 424. Title 200925029 Tags PLR - 200925029