How is compensation from the exercise of nonstatutory stock options reported on Form W-2 if compensation is NOT recognized on the date of the grant? The spread between the Fair market value over grant price of the stock at the time of vesting is shown as a "V" in box 12 O Grant price of the stock over the exercise price at the time of vesting is shown as a "v in box 12. Fair market value of the stock over the exercise price at the time of exercise is shown as a "Vin box 12. O Grant price of the stock over the exercise price at the time of exercise is shown as a "v in box 12