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okay in this problem this is about recording stock options so the problem is the Board of Directors ABC Corp adopted a fixed stock option plan to supplement the salaries of certain executives of the company options to buy the stock were granted as follows so you have the date here when the option was granted the employee the number of shares the option is good for the exercise price the price of shares at date of grant and the option of the value or the the value of the option at the date of the grant it says options are non-transferrable and can be exercised beginning three years after the date of grant provided the executive is still employed by the company stock options where exercised as follows so on this problem is just assumes that all the employees still work there when theyre three years were up in that they all option or they all exercise their options the full option so alfred exercised his option to buy 80,000 shares on december 31st 2011 the price of the shares of the
