Lydia received a stock option grant from her employer (YYY corporation) 5 years ago. The option is for 1,000 shares of company stock with a strike price of $2.50 per share. The stock is currently trading at $26.23 per share in the public markets. The shares are fully vested.

If Lydia chooses to do a simultaneous exercise of all 1,000 shares, how much will her total $gain on the transaction be?

Answer rating: 100% (QA)

Lydias total gain on the transaction would be 2373000 ... View the full answer