IN RE MARRIAGE OF CHUMBLEY

No. 72539-0.

74 P.3d 129 (2003)

150 Wash.2d 1

In re the MARRIAGE OF Gerald Steven CHUMBLEY, Respondent, and Mary Patricia Beckmann, Petitioner.

Supreme Court of Washington, En Banc.

Decided August 14, 2003.


Attorney(s) appearing for the Case

Wiggins Law Office, Charles Wiggins, Kenneth Masters, Bainbridge Is., for Petitioner.

Edwards Sieh Smith & Goodfriend, Catherine Smith, Seattle, for Respondent.


MADSEN, J.

During her marriage to Gerald Chumbley, Mary Patricia Beckmann acquired stock options through her employment. Beckmann exercised the options on three occasions, once by using a loan from her employer, once by using money from her separate account, and once by selling a portion of the purchased stock in order to pay for the remaining stocks. The dispute here involves the characterization of the stocks resulting from the options exercised with Beckmann's...

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