Kick the Bucket Co. issued 30,000 at-the-money stock options to its management on January 1, 2025. These options vest on January 1, 2028. Kick The Budget's share price was $12 on the grant date and $18 on the vesting date. Estimates of the fair value of these options showed that they were worth $2 on the grant date and $7 on the vesting date. On the vesting date, management exercised all 30,000 options. Kick the Budget has a December 31 year-end.