This information is important and only required in the year in which you sell your stocks. The year you sell these stocks, you should receive a 1099-B and previous form 3921 (or forms depending upon how many years you received it) is then used to determine the cost basis for these stocks when determining capital gains.
REFERENCES:
http://www.irs.gov/uac/Form-3921,-Exercise-of-an-Incentive-Stock-Option-Under-Section-422%28b%29
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