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3. Ima exercised a stock option to buy 1,000 shares of VIL at $25 per share. The fair market the date of grant (August 2016)

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3. Ima exercised a stock option to buy 1,000 shares of VIL at $25 per share. The fair market the date of grant (August 2016) and purchase (July 2017) were $24 per share and $27 per share respectively. Also, in 2017, Ima was granted an option on an additional 1,000 shares, which had market value of $29 per share at the time. The exercise price is $26

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