Q3. Gimble Inc. granted 100 stock options to its key employees on 1/1/2020. The options vest...
Q3. Gimble Inc. granted 100 stock options to its key employees on 1/1/2020. The options vest after a 3- year service period and had a total grant-date fair value of $900. Each option has an exercise price of $20. During the second year of the service period, several employees left the company and thereby forfeited options with an original total grant-date fair value of $144. In the fourth year, after the options vested, Mary Lock exercised options with a grant-date...
Q3. Gimble Inc. granted 100 stock options to its key employees on 1/1/2020. The options vest after a 3- year service period and had a total grant-date fair value of $900. Each option has an exercise price of $20. During the second year of the service period, several employees left the company and thereby forfeited options with an original total grant-date fair value of $144. In the fourth year, after the options vested, Mary Lock exercised options with a grant-date...
Q3. Gimble Inc. granted 100 stock options to its key employees on 1/1/2020. The options vest after a 3- year service period and had a total grant-date fair value of $900. Each option has an exercise price of $20. During the second year of the service period, several employees left the company and thereby forfeited options with an original total grant-date fair value of $144. In the fourth year, after the options vested, Mary Lock exercised options with a grant-date...
On January 1, 2016, EZ Inc. granted stock options to officers and key employees for the purchase of 250,000 shares of the company’s $1 par common stock at $86 per share. The options were exercisable within a 5-year period beginning January 1, 2018, by grantees still in the employ of the company, and expiring December 31, 2020. The service period for this award is 2 years. Assume that the fair value option pricing model determines total compensation expense to be...
On January 1, 2018, Larkspur Inc. granted stock options to officers and key employees for the purchase of 18,000 shares of the company’s $10 par common stock at $23 per share. The options were exercisable within a 5-year period beginning January 1, 2020, by grantees still in the employ of the company, and expiring December 31, 2024. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $368,000....
On January 1, 2018, Ayayai Inc. granted stock options to officers and key employees for the purchase of 21,000 shares of the company’s $ 10 par common stock at $24 per share. The options were exercisable within a 5-year period beginning January 1, 2020, by grantees still in the employ of the company, and expiring December 31, 2024. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $...
Exercise 16-11 On January 1, 2021, Martinez Inc. granted stock options to officers and key employees for the purchase of 18,000 shares of the company’s $10 par common stock at $27 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to...
On January 1, 2021, Cullumber Inc. granted stock options to officers and key employees for the purchase of 23,000 shares of the company's $10 par common stock at $24 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $337,000....
On January 1, 2018, Riverbed Inc. granted stock options to officers and key employees for the purchase of 23,000 shares of the company's $10 par common stock at $26 per share. The options were exercisable with in a 5-year period beginning January 1, 2020, by grantees still in the employ of the company, and expiring December 31, 2024. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be...
On January 1, 2021. Swifty Inc granted stock options to officers and key employees for the purchase of 22,000 shares of the company's $10 par common stock at $26 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company and epiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option pricing model determines total compensation expense to be...