Microsoft provides compensation to executives in the form of a variety of incentive compensation plans, including restricted

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Microsoft provides compensation to executives in the form of a variety of incentive compensation plans, including restricted stock award grants. The following is an excerpt from a disclosure note from Microsoft’s 2020 annual report:


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If all awards are granted, acquired, vested, and forfeited evenly throughout the year, what is the compensation expense in fiscal 2020 pertaining to the previous and current stock awards? Assume forfeited shares were granted evenly throughout the three previous years, and perform all calculations to the nearest one-tenth of $1 million (e.g., $7,162,480 = $7,162.5).

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