On January 1, 2019, Stoner Corporation granted compensatory share options to key employees for the purchase of shares of the company's common stock at $25 per share. The options are intended to compensate employees for the next 2 years. The options are exercisable within a 4-year period beginning January 1, 2021, by grantees still in the employ of the company
On January 1, 2019, Stoner Corporation granted compensatory share options to key employees for the purchase of shares of the company's common stock at $25 per share. The options are intended to compensate employees for the next 2 years. The options are exercisable within a 4-year period beginning January 1, 2021, by grantees still in the employ of the company. The fair value of each option was $7 on the date of grant. Stoner expects to distribute 10,000 shares of
Trending now
This is a popular solution!
Step by step
Solved in 3 steps