The stock options
are exercisable for up to five years at a price of CAD0.79 per share and will be vested in stages over a 12-month period with no more than 1/4 of the options vesting in any three-month period from the date of the grant.
(2) Amount to be paid in exchange for stock options
Also, these shares subscribed for under the stock options
have been registered in the Trade Register on 25 June 2019, as of which date the new shares will establish shareholder rights.
The company said the stock options
have an exercise price of USD9.98 per share, which is equal to the closing price of its common stock on the grant date of 29 June 2018.
The exercise price of the Stock Options
is CAD2.05 per share.
During 2009, several high-profile companies decided to complete stock option
exchange programs for employee stock options
that were severely underwater.
As that compensation program had similar effect as introducing stock option
plan, it was called "quasi-stock options" in Japan (Chuo Coopers & Lybrand Advisors, 1999, 231).
A major difficulty in the available data is to define the employee stock option
Typical controls over stock option
compensation are mostly manual because the process involves heterogeneous systems and multiple sources of information.
Both the computation of the beginning APIC pool and the ongoing calculations require companies to develop a process for tracking individual Stock option
While share-based payment arrangements include stock options
, restricted and unrestricted stock, share appreciation rights and employee stock purchase plans, this article focuses on accounting for stock options
Zorn, 1990, "The Effect of Executive Stock Option
Plans on Stockholders and Bondholders", Journal of Finance, 45:617-627