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 plans.
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 grants.
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