Pastore Inc. granted options on 1 million shares of its common stock at $1 par early this year. The exercise price is $39 per share, which was also the market value of the shares on the grant date. The fair value of the options was estimated at $6.50 per option.

If the options have a vesting period of five years, what would be the balance in "Paid-In Principal - Stock Options" three years after the grant date?

Answer rating: 100% (QA)

To calculate the balance in PaidIn Principal Stock Options three years after the grant date we need ... View the full answer