Facts :

Chanel Weeks is an engineer and has been working for MBA for four years. After extensively negotiating a new remuneration structure, Chanel enters into an Employee Share Scheme arrangement with her employer, MBA. She will receive 25,000 MBA shares but the conditions are that Chanel will need to remain with MBA for 2 years and must meet each revenue related assigned target.

Question

Explain when Chanel is required to report and pay income tax on the 25,000 MBA shares.