Intel reported the following information in its 2012 10-K related to its restricted stock plan.

Required

a. How do restricted stock and stock options differ? In what respects are they the same?

b. Why do companies impose vesting periods on restricted stock grants?

c. Use the financial statement effects template to record the restricted stock granted to senior executives during 2012. The common stock has a par value of \(\$ 0.001\) per share.

d. Use the financial statement effects template to record the 2012 compensation expense related to Intel's restricted stock awards.

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Information with respect to outstanding restricted stock unit (RSU) activity is as follows: Weighted Average Grant- Date Fair Value (In Millions, Except Per RSU Amounts) December 26, 2009... Granted Vested.. Forfeited.. December 25, 2010 Granted Assumed in acquisition Vested.... Forfeited.. December 31, 2011 Granted Vested.. Forfeited.. December 29, 2012 Number of RSUS 105.4 32.4 (34.6) (3.4) 99.8 43.3 5.8 (37.5) (4.4) 107.0 49.9 (43.2) (4.4) 109.3 Expected to vest as of December 29, 2012........ 103.5 $17.03 $22.56 $17.70 $17.98 $18.56 $19.86 $20.80 $18.60 $19.07 $19.18 $25.32 $18.88 $20.93 $22.03 $20.21