Question: please give me the solution based on the srtike price of options was $10 Question: your company issued employee 360,000 stock options to the CEO

please give me the solution based on the srtike price of please give me the solution based on the srtike price of options was $10

Question: your company issued employee 360,000 stock options to the CEO of your company, the option expiry in five years and have a vesting period of 3 years based on the following schedule: 1/3 upon issuance, 1/3 after one year, and 1/3 after 2 years; Assume Zero Forfeiture Rate. The option were valued at $1 per option, You company is expensing this option monthly, Your CEO quit after 18 months and as a result his last tranche was forfeited. Before quitting, the CEO exercised all his vested options. * Note: the strike price of the options was $10. Required: creat your journal entries on spreadsheet

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