Grant Date: $6 January 1, year 1 Vesting Date: $16 January 1, year 3 Exercise Date: $24 January 1, year 5 Sale Date: $30 January 1, year 7 Jo Jo receives the following equity-based compensation from her employer High Top Shoes Corp.: • 1,000 NQO, where each NQO gives her the right to purchase 1 share (1,000 shares total), with an exercise price of $6 per share, 2-year vesting period and 10-year expiration period. The applicable days and trading price of the stock on each day is listed above. • 1,000 ISO, where each ISO gives her the right to purchase 1 share (1,000 shares total), with an exercise price of $6 per share, 2-year vesting period and 10-year expiration period. The applicable days and trading price of the stock on each day is listed above. • 1,000 shares of restricted stock, with a 2-year vesting period. The applicable days and trading price of the stock on each day is listed above.

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To analyze Jo Jos equitybased compensation from High Top Shoes Corp we can calculate the value of each type of equity instrument on different dates ba... View the full answer